dN/dt = rN(K-N/K)
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What do each of the terms in this equation represent?
dN/dt = change in population size, r = intrinsic rate of increase, N = population size, K = carrying capacity
Exceptions?
fails to incorporate the time lag problem
How well does the model describe how real populations grow?
for some kinds of populations it describes them very well
What does the value (K‑N)/K represent?
the unutilized opportunity for the fraction of available resources to a population