Logistic Growth
This simple model demonstrates logistic growth.The differential equation looks like


where K is the carrying capacity of the quantity y. Alternatively,

y'(t)=by(t) - b/K*y(t)^2

so the growth term suggests exponential growth, but there is a loss term is of the form b/K y(t) -- loss is proportional to population (crowding).

A comparable Mathematica file is available at

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