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How to read the following graph?

Just to give some background, the graph in the picture below shows the variation of Luminosity with the time period of Cepheid Variable Stars. In the expression $L/L_0$, $L_0$ is the Luminosity of the Sun. The time period of two stars is $3.5$ and $16.5$ days and through the graph one can obtain the Luminosities of these two stars for further computations. The Y-axis has a non-linear scale and I am having difficulty in reading it. Is it logarithmic?

Student
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