nietzsche
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Homework Statement
A population develops according to logistic equation:
[tex]\frac{dy}{dt} = y(0.5-0.01y)[/tex]
Determine the following:
[tex]\lim_{t\rightarrow\infty} y(t)[/tex]
The Attempt at a Solution
By finding an equilibrium solution to the differential equation, we see that dy/dt = 0 when y = 0 or y = 50.
But does the limit exist? What if y = 0 initially?