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4. Consider the equation N,+1 = N, exp[r(1-N/K)] This equation is sometimes called an analog of the logistic differential equation (May, 1975). The equation models a single-species population growing in an environment that has a carrying capacity K. By this we mean that the environ- ment can only sustain a maximal population level N = K. The expression reflects a density dependence in the reproductive rate. To verify this observa- tion, consider the following steps: (a) Sketch A as a function of N. Show that the population continues to grow and reproduce only if N < K (b) Show that N -K is a steady state of the equation. (c) Show that the steady state is stable. (Are there restrictions on parameters r and K?) (d) Using a hand calculator or simple computer program, plot successive population values N, for some choice of parameters r and K.

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