Biologists Stocked a Lake with Fish and Estimated the Carrying

question 68

Short Answer

Biologists stocked a lake with fish and estimated the carrying capacity (the maximal population for the fish of that species in that lake) to be . The number of fish tripled in the first year. Assuming that the size of the fish population satisfies the logistic equation, find an expression for the size of the population after t years.

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Definitions:

Credit Memo

A document issued to a purchaser by a vendor to reduce the amount that the purchaser owes, often as a result of a return or refund.

Gross Profit

The difference between the revenue earned from sales and the cost of goods sold, not accounting for other expenses.

Inventory Shrinkage

Loss of products between purchase from a supplier and sale, often due to theft, damage, or errors.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate periods.