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Logarithms are used to deal with small and large numbers. Logarithms involve a base number, like 2 to the 3rd power equals 8. The exponent is the logarithm, written as "log base b of a number equals p." For example, log base 10 of 10,000 equals 4. Logarithms help in calculating the difference between small numbers, like 0000000398 and 00000000398 causing red eyes after swimming.