Benneth, we have two responses for you.
I've drawn an arbitrary rectangle inscribed in a circle whose radius is R below:
As you can see, the radius of the circle is equal to the length of the hypotenuse of a right triangle which is duplicated 8 times in the rectangle:
This means that the area of the rectangle is 8 times the area of one of the right triangles. And of course, each right triangle's area is simply ½bh where these variables are the base and height.
Now, the smallest area of rectangle is clearly the infinitely thin or short one, since its other dimension is basically R. This means the lowest possible area is 8(½)(0)(R) which is zero. The real question is what is the largest possible area.
For this, we can use a number of techniques, but the easiest is calculus. The critical points of this function can tell us what angle A needs to be for a maximum.
The derivative of 4R2 cosA sinA is 4R2 (cos2A - sin2A); I used the product rule to get this. When this is zero, we have a critical point which is the value of A for which we get maximum area.
Thus, cos2A = sin2A and therefore cosA = sinA. Since cosine is the base over the hypotenuse R and sine is the height over the hypotenuse R, this means base = height. And that means an isoceles right triangle, so the rectangle is the square. We've proven what our intuition told us long ago.
Thus, the rectangle's area is constrained between 0 and that of the square whose diagonal length is 2R.
Hope this helps,
Actually - every rectangle can be inscribed in a (unique circle) so the key point is that the radius of the circle is R (I think).
One of the properties of a rectangle is that the diagonals bisect in the 'center' of the rectangle, which will also be the center of the circumscribing circle. Now the 'maximum' and 'minimum' are best imagined (and imaged) with a program like Geometer's Sketchpad where you can play with the options.
Rather than state an answer, let me past in a couple of samples from the program to stimulate your imagination:
You can see that the area is getting bigger, then smaller as the corner moves around a quarter of the circle.
The whole rectangle is just two of these triangles. Again, if you are not quite sure, it is visually a bit more easily if you 'tilt your head' and make the diagonal AC horizontal, and think about making the 'height' of the triangle as big as possible, over this base!
Math Central is supported by the University of Regina and The Pacific Institute for the Mathematical Sciences.