A rectangular parking space is to be enclosed using ready-made fencing structures. If the parking space can only have a perimeter of 2000 m, then what is the maximum area that it can have?
To maximize area and minimize perimeter we want sides as close to equilateral as possible. 2000/4 = 500, so each side can be 500 m. This would give an area of 500(500) = 250,000 m²