Find Three Positive Numbers Whose Sum Is and Whose

question 58

Essay

Find three positive numbers whose sum is and whose product is a maximum.

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Definitions:

Potential GDP

An estimate of the maximum level of economic activity an economy can sustain over a period without leading to inflation.

High Unemployment

High unemployment refers to a condition where a significant portion of the workforce is without jobs, leading to economic and social challenges.

Credible Policy

A policy considered by participants in the economy to be likely implemented and maintained over time, thereby influencing their economic decisions.

Lower Inflation

A decrease in the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is increasing.