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LetK(t) denote capital at timet. Suppose at time 0, there is 1 unit capital, i.e.,K(0) = 1. Now we consider the following two paths of

LetK(t) denote capital at timet. Suppose at time 0, there is 1 unit capital, i.e.,K(0) = 1. Now we consider the following two paths of capital. (I have attached the continuation as screenshot below).

Could you please explain a and b with clear step by step solution? Please, do not write only answer.

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