Step 1: Recall the Michaelis-Menten equation.
The rate of an enzyme reaction, v, relates to substrate concentration [S] by
\[
v = \frac{V_{max}[S]}{K_m+[S]}
\]
where \(K_m\) is the substrate concentration at which the reaction runs at half its maximum speed.
Step 2: Set up the condition given.
We want the substrate concentration at which the velocity equals 80% of \(V_{max}\), so
\[
0.8\,V_{max} = \frac{V_{max}[S]}{K_m+[S]}
\]
Step 3: Cancel \(V_{max}\) and solve for [S].
\[
0.8 = \frac{[S]}{K_m+[S]}
\]
\[
0.8\,(K_m+[S]) = [S]
\]
\[
0.8\,K_m + 0.8\,[S] = [S]
\]
\[
0.8\,K_m = 0.2\,[S]
\]
\[
[S] = 4\,K_m
\]
Step 4: Substitute the given Km.
Since \(K_m = x\ \mu M\), the substrate concentration needed is
\[
[S] = 4x\ \mu M
\]
Step 5: Final Answer.
An enzyme reaches 80% of its maximum activity when the substrate concentration is 4 times its Km, so the answer is 4 x \(\mu\)M, option (2).
\[
\boxed{4x\ \mu M}
\]