Write the Equation in Logarithmic Form

question 14

Multiple Choice

Write the equation in logarithmic form. 2⁴ = 16

• A) 16 = log ₂ 4
• B) 4 = log ₂ 16
• C) 2 = log ₄ 16
• D) 16 = log ₄ 2

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Definitions:

Lumber

Timber that has been processed into beams and planks, a stage in the process of wood production.

Before Trade

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Consumption

Consumption is the action or process of using goods and services to satisfy needs or wants, representing a primary concept in economics related to consumer behavior.

Absolute Advantage

Situation in which Country 1 has an advantage over Country 2 in producing a good because the cost of producing the good in 1 is lower than the cost of producing it in 2.