2) The population, P, of a country is initially 2 million people and is increasing at 4% per year, t. The country's annual food supply, F, is initially adequate for 4 million people and is increasing at a constant rate adequate for an additional 0.5 million people per year. a) Write a formula for the functions P and F. b) BONUS: When will the country first experience a shortage of food?
2) The population, P, of a country is initially 2 million people and is increasing at 4% per year, t. The country's annual food supply, F, is initially adequate for 4 million people and is increasing at a constant rate adequate for an additional 0.5 million people per year. a) Write a formula for the functions P and F. b) BONUS: When will the country first experience a shortage of food?
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:2) The population, P, of a country is initially 2 million people and is increasing at 4% per year, t. The country's annual
food supply, F, is initially adequate for 4 million people and is increasing at a constant rate adequate for an
additional 0.5 million people per year.
a) Write a formula for the functions P and F.
b) BONUS: When will the country first experience a shortage of food?
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