Solve the Logarithmic Equation Algebraically $\ln x - 5 = 0$

question 27

Multiple Choice

Solve the logarithmic equation algebraically.Approximate the result to three decimal places.​ $\ln x - 5 = 0$ ​

• A) \(e ^ { 5 } \approx 151.413\)
• B) \(e ^ { 5 } \approx 146.413\)
• C) \(e ^ { 5 } \approx 148.413\)
• D) \(e ^ { 5 } \approx 149.413\)
• E) \(e ^ { 5 } \approx 150.413\)

---

Definitions:

Industry Supply Curve

A graphical representation showing the quantities of a product that firms across an industry are willing to supply at different price levels.

Lump Sum Tax

A tax that is a fixed amount, regardless of the taxpayer’s income level, assets, or usage of services.

Long-Run Cost

The total cost of production when all factors of production can be varied, typically associated with the planning of long-term business strategies.

Production Functions

Production functions describe how a firm transforms inputs into outputs, relating the quantity of factor input to the quantity of output produced.