Perform the Indicated Operations Using the Laws of Exponents $\frac { \left( 10 ^ { 9 } \right) ^ { 3 } } { 10 ^ { - 8 } }$

question 68

Multiple Choice

Perform the indicated operations using the laws of exponents. Express the result using positive exponents. $\frac { \left( 10 ^ { 9 } \right) ^ { 3 } } { 10 ^ { - 8 } }$

• A) \(10 ^ { 11 }\)
• B) \(10 ^ { 8 }\)
• C) \(\frac { 1 } { 10 ^ { 11 } }\)
• D) \(\frac { 1 } { 10 ^ { 5 } }\)
• E) \(10 ^ { 5 }\)

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Definitions:

Supply Curve

A graphical representation of the relationship between the price of a good or service and the quantity of that good or service that a supplier is willing and able to supply at each price.

Elastic

Describes the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.

Price Elasticity

A measure that describes how the quantity demanded of a good changes in response to a change in its price.

Quantity Supplied

The quantity of a product or service that sellers are ready and capable of offering for sale at a certain price during a designated period.