Exponential growth refers to a rapid increase in quantity over time, where the rate of growth is proportional to the current value. It occurs when a quantity multiplies by a constant factor at regular intervals.
Population Capacity: Population capacity is the maximum number of individuals an environment can sustainably support. In terms of exponential growth, it represents the point where growth slows down and reaches equilibrium.
Differential Equation: A differential equation is an equation that relates one or more derivatives of an unknown function. In the context of exponential growth, it can be used to model and analyze how a quantity changes over time.
Logarithmic Growth: Logarithmic growth is another type of population growth where the rate decreases as the population approaches its limit. Unlike exponential growth, it has a slower rate as it gets closer to its maximum capacity.
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