Mathematics
Mathematics, 25.02.2020 04:52, beeboppity

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. The following question involved in formulating a rational strategy for managing the fishery. At a given level of effort, it is reasonable to assume that the rate at which fish are caught depends on the population P: 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 Ep, 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: dP/dt = k (1- (P/N)P) - Ep(This equation is known as the Schaefer model after the biologist M. B. Schaefer.) (a) Show that there are two equilibrium points, P = 0 and P2 = N(1 - E/k). (b) Assume E 0. Also, classify the equilibrium points (source, sink, or node) only for P2. (c) Sketch several graphs of solutions. (d) 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 P2 obtained in part (a) above. Find Y as a function of the effort E. (FYI: The graph of this function is known as the yield-effort curve.) (e) Determine E so as to maximize Y and thereby find the maximum sustainable yield Ymax.

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