Mathematics
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?

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 15:00, 902coo
How many different triangles can be constructed with the angle measurements of 134° 10° and 36° ?
Answers: 3
image
Mathematics, 21.06.2019 18:00, burnsmykala23
Solve this system of equations. 12x − 18y = 27 4x − 6y = 10
Answers: 1
image
Mathematics, 21.06.2019 19:20, girlydiy17
Thompson and thompson is a steel bolts manufacturing company. their current steel bolts have a mean diameter of 127 millimeters, and a variance of 36. if a random sample of 35 steel bolts is selected, what is the probability that the sample mean would differ from the population mean by greater than 0.5 millimeters? round your answer to four decimal places.
Answers: 3
image
Mathematics, 21.06.2019 22:00, yay47
Worth 100 points need the answers asap first row -x^2 2x^2 (x/2)^2 x^2 x is less than 2 x is greater than 2 x is less than or equal to 2 x is greater than or equal to 2 second row -5 -5/2 4 5 •2 is less than x& x is less than 4 •2 is less than or equal to x & x is less than or equal to 4 •2 is less than or equal to x& x is less than 4 •2 is less than x& x is less than or equal to 4
Answers: 1
Do you know the correct answer?
The government of the Republic of Lemon Island plans to transform their lemon-based
economy in...

Questions in other subjects:

Konu
Biology, 16.07.2020 19:01