Use Properties of Logarithms or a Definition to Simplify the Expression

question 9

Multiple Choice

Use properties of logarithms or a definition to simplify the expression. Check the result with a change-of-base formula and a calculator. ​ ​

• A) 8
• B) 1
• C) 4
• D) -1
• E) no solution

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Definitions:

Activity Index

A measure used to estimate the amount of activity, effort, or work involved in a process or project.

Variable

An element or factor that can change or vary, often used in mathematical modeling or statistical analysis to represent changeable components.

Cost Behavior

The study of how the costs of a business change in relation to changes in its activity levels or volume.

Cost Behavior Analysis

The study of how costs change in relation to changes in a firm’s level of activity.