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The logistic growth equation accounts for limited resources, with growth slowing as population nears carrying capacity (K).
Ref: NCERT Class 12 Biology Chapter 11: Organisms and Populations Population Growth - Exponential and Logistic Models
The equation dN/dt = rN represents exponential growth, where population increases rapidly without resource limitations.
Ref: NCERT Class 12 Biology Chapter 11: Organisms and Populations Population Growth - Exponential and Logistic Models
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