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Logistic Growth
Exponential Growth
The population levels off at the carrying capacity.
A logistic growth pattern occurs when the population reaches its carrying capacity, at which point the population growth is zero.
Carrying Capacity
What is the relationship between profit margins and growth capacity?
Logistic Growth
Logistic growth
Exponential
Exponential
At the carrying capacity
Exponential Growth: occurs when the individuals in a population reproduce at a constant rate.Logistic Growth: occurs when a population's growth slows or stops following a period of exponential growth around a carrying capacity.
Exponential Growth
Exponential Growth
logistic growth
Potential growth refers to the maximum capacity an economy can grow at, it is always greater than actual growth because an economy cannot realistically function at full capacity. By full capacity i mean full employment, using all resources the most efficient way. Technically there shouldn't be any macroeconomic problems resulting from that because actual growth is always below potential growth, but if it gets further away then it could eventually lead to a recession.
logistic growth is when a population experiences exponential growth but at a certain point is limited because the population exceeds its carrying capacity.