In a fish farm, a population of fish is introduced into a pond and harvested regularly. A model for the rate of change of the fish population is given by the equation
where r0 is the birth rate of the fish, Pc is the maximum population that the pond can sustain (called the carrying capacity), and β is the percentage of the population that is harvested.
(a) What value of dP/dt corresponds to a stable population?
(b) If the pond can sustain 10,000 fish, the birth rate is 5%, and the harvesting rate is 4%, find the stable population level.
(c) What happens if β is raised to 5%?

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Chapter 3 Solutions
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