For a Rectangle with Area 25 to Have the Smallest $5 \times 4$

question 77

Multiple Choice

For a rectangle with area 25 to have the smallest perimeter, what dimensions should it have ?

• A) \(5 \times 4\)
• B) \(4 \times 6\)
• C) \(5 \times 6\)
• D) \(25 \times 1\)
• E) \(5 \times 5\)

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Definitions:

Income Effect

The change in an individual's or economy's income and how that change will impact the quantity demanded of a good or service.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading a consumer to substitute one good for another.

Labor Supplied

Represents the total hours that workers are willing and able to work at a given wage rate.

Leisure

free time when individuals are not working, available for relaxation or activities of personal choice.