(Harvesting renewable resources. Fishing) Suppose that the

Chapter 1, Problem 1.5

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(Harvesting renewable resources. Fishing) Suppose that the population yU) of a certain kind of fish is given by the logistic equation (8), and fish are caught at a rate Hy proportional to y. Solve this so-called Schaefer model. Find the equilibrium solutions Yl and Y2 (> 0) when H < A. The expression Y = HY2 is called the equilibrium harvest or sustainable yield corresponding to H. Why?

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