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The exponential growth model dP/dt=kP governs compound interest and is a common model for the growth of populations when factors like competition for resources are
The exponential growth model dP/dt=kP governs compound interest and is a common model for the growth of populations when factors like competition for resources are ignored. In the case in which there is competition for resources a slightly more realistic model is the logistic growth model: Here is a constant representing the growth rate and is a constant called the carrying capacity, and represents the largest sustainable population. Give an expression for the unstable fixed point
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