Solve the Logarithmic Equation for

question 65

Multiple Choice

Solve the logarithmic equation for . Round to the nearest hundredth.

• A) 0.24
• B) 0.15
• C) 4.25
• D) 0.29
• E) 0.31

---

Definitions:

Loss-Minimizing

A strategy or approach aimed at reducing losses as much as possible, often used in business and economic contexts.

Marginal Cost

The cost incurred by producing one additional unit of a good or service.

Output

The total amount of goods and services produced by an economic system.

Most Efficiently

Operating in a way that maximizes productivity or benefits while minimizing waste and costs.