It is often assumed that 1/3 acre of land is needed to provide food for one person. It is also estimated that there are 10 billion acres of arable land in the world, and therefore a maximum population of 30 billion people can be sustained if no other sources of food are known. The total world population at the beginning of 1970 was 3.6 billion.
(a) Assuming that the population continues to increase at the rate of 2 percent per year, what will the population be in the year 2000? When will the maximum population be reached?
(b) What allows us to use the exponential growth and decay model y=Nekt in this problem?
In order to figure out when our population maxes out, we plug in 30,000,000,000 for y (which represents the result variable--what happens in our model once we figure in the rest), and our N and k as before. Solving for t gives us a startling answer of t = 107. If t = 0 corresponds to 1970, this answer corresponds to 2077. Don't forget units! Since this will likely happen at night when I am sleeping and will wake to find my refrigerator empty, the correct units are p.m. (just kidding).
(b) We are allowed to use the exponential growth and decay model because our variable in question (population) is proportional to the rate of change of itself. In simpler words, the more people there are, the more people will be produced.
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