Final answer:
The graph y=log(x) is transformed into y=log(2x)+3 by compressing it horizontally by a factor of 2 and then translating it upwards by 3 units.
Step-by-step explanation:
The transformation from the graph of y=log(x) to the graph of y=log(2x)+3 involves two changes. First, the presence of the term 2x inside the logarithm indicates a horizontal compression by a factor of 2 because for any given y-value, the x-value that produces it has been halved. Second, the addition of +3 outside the logarithm indicates a vertical translation upwards by 3 units. Therefore, the correct transformation is option b) It is compressed horizontally by a factor of 2 and translated up 3 units.