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Optimization growth rate Question
In rereading my attempt at a solution for A, I realized that the problems wants me to find at what constant E can we max H(x) given that F(x) = G(x) - H(x). I don't know what exactly I was doing differentiating H(x) with respect to E. EDIT I differentiated F = rx(1-[x/k]) -0.00001Ex with...- lazystudent
- Post #6
- Forum: Calculus and Beyond Homework Help
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Optimization growth rate Question
Edited first post - totally freakin forgot A, B, C, and D!- lazystudent
- Post #5
- Forum: Calculus and Beyond Homework Help
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Optimization growth rate Question
Thank you for your response BruceW. Well, the (nominal) growth rate minus the harvest rate will equal the REAL growth rate. But I believe the problem is asking for what level of constant E will max H(x). I emailed my professor. I think your response just confused me more than I already was...- lazystudent
- Post #3
- Forum: Calculus and Beyond Homework Help
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Optimization growth rate Question
First post on these forums, thanks all for your help! Homework Statement It is estimated that the growth rate of the fin whale population (per year) is rx(1 - x/K), where r = 0.08 is the intrinsic growth rate, K = 400,000 is the maximum sustainable population, and x is the current population...- lazystudent
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- Growth Growth rate Optimization Rate
- Replies: 7
- Forum: Calculus and Beyond Homework Help