Solve for X $7 \left( 10 ^ { x - 3 } \right) = 23$

question 3

Multiple Choice

Solve for x: $7 \left( 10 ^ { x - 3 } \right) = 23$ .Round to 3 decimal places.

• A)0.517
• B)no solution
• C)3.517
• D)-1.362
• E)1.362

---

Definitions:

Price Per Unit

The cost of a single unit of product, which can be used to compare prices among similar products.

Market Growth Rate

The increase in size or sales of a specific market over a given period, typically expressed as a percentage.

Oligopoly

An oligopoly is a market structure characterized by a small number of firms that control the majority of the market share, leading to limited competition. These firms may engage in competitive or cooperative behaviors.

Monopolistic Competition

A market structure where many firms sell products that are similar but not identical, allowing for some degree of market power and product differentiation.