subject
Mathematics, 17.03.2020 09:35 ariannawilder0210

The government of the Republic of Lemon Island plans to transform their lemon-based
economy into a tourism-based economy. They develop the following model to predict the
long-term effect of this transformation for the size of their economy y:
dy
dt = (A − Be−t/5
)y; A, B > 0.
(a) Find the general solution y(t) for this equation.
(b) The Republic of Lemon Island has a current economic growth of 2% per year and
the government expects the transformation to cause this growth rate to triple in
the long term. Explain why values A = 0.06 and B = 0.04 are a good choice to
approximate this behaviour.
(c) Using A = 0.06 and B = 0.04, find the particular solution y(t) assuming that the
size of the economy of Lemon Island before the transformation is $50 000 000, and
that the transformation causes the size of the economy to shrink by $10 000 000 at
t = 0.
(d) The size of the economy of Lemon Island without the transformation can be mod-
eled using the same equation with parameters A = 0.02 and B = 0.
In which year after the transformation will the size of the transformed economy
surpass the size of the economy without the transformation?
(e) Elections on Lemon Island are in five years time. The Lemon Island Polling In-
stitute (LIPI) predicts that the current government will only be re-elected, if the
growth rate of the economy is, by then, at least 4%. According to the first model,
can the current government expect to be re-elected?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
Ben is three times as old as samantha, who is two years older than half of michel's age. if michel is 12. how old is ben?
Answers: 1
question
Mathematics, 21.06.2019 18:30
Solve 2x2 + 8 = 0 by graphing the related function. there are two solutions: . there are no real number solutions. there are two solutions: 2 and -2
Answers: 3
question
Mathematics, 21.06.2019 21:30
Jalen charges $25.50 for every 3 hours of yard work he does for his neighbors. ralph charges $34 for every 4 hours of work that he does. who charges less? opinions: 1.they charge the same amount 2.jalen 3.ralph
Answers: 1
question
Mathematics, 21.06.2019 22:10
Jayne is studying urban planning and finds that her town is decreasing in population by 3% each year. the population of her town is changing by a constant rate.true or false?
Answers: 1
You know the right answer?
The government of the Republic of Lemon Island plans to transform their lemon-based
economy in...
Questions
question
Mathematics, 27.04.2020 01:39
question
Mathematics, 27.04.2020 01:39
Questions on the website: 13722361