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Consider the discrete system In+1 = In (x-4x+5) (a) Find all equilibrium points of the system. (b) Sketch the cobweb diagram. (c) Hence, without
Consider the discrete system In+1 = In (x-4x+5) (a) Find all equilibrium points of the system. (b) Sketch the cobweb diagram. (c) Hence, without undertaking a linear stability analysis, discuss the stability of the equilibrium points.
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