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Mathematics, 26.02.2020 04:31 boi3456

Suppose that the population y of a certain species of fish in a given area of the ocean is
described by the logistic equation
dy/dt = r(1 − y/K)y.
Although it is desirable to utilize this source of food, it is intuitively clear that if too many
fish are caught, then the fish population may be reduced below a useful level and possibly
even driven to extinction. At a given level of effort, it is reasonable to assume that the rate
at which fish are caught depends on the population y: the more fish there are, the easier it is
to catch them. Thus we assume that the rate at which fish are caught is given by Ey, where
E is a positive constant, with units of 1/time, that measures the total effort made to harvest
the given species of fish. To include this effect, the logistic equation is replaced by
dy/dt = r(1 − y/K)y − Ey.
(a) Show that if E < r, then there are two equilibrium points, y1 = 0 and y2 = K(1−E/r) >
0.
(b) Show, by drawing a diagram, that y = y1 is unstable and y = y2 is asymptotically stable.
(c) A sustainable yield Y of the fishery is a rate at which fish can be caught indefinitely. It
is the product of the effort E and the asymptotically stable population y2. Find Y as a
function of the effort E; the graph of this function is known as the yield–effort curve.
(d) Determine E so as to maximize Y and thereby find the maximum sustainable yield Ym.

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