Problem 20
Question
Plow Patents The number of patents issued for plow sulkies between 1865 and 1925 was increasing with respect to time at a rate jointly proportional to the number of patents already obtained and to the difference between the number of patents already obtained and the carrying capacity of the system. The carrying capacity was approximately 2700 patents, and the constant of proportionality was about \(7.52 \cdot 10^{-5} .\) By 1883,980 patents had been obtained. (Source: Hamblin, Jacobsen, and Miller, \(A\) Mathematical Theory of Social Change, New York: Wiley, 1973 ) a. Write a differential equation describing the rate of change in the number of patents with respect to the number of years since 1865 b. Write a general solution for the differential equation. c. Write the particular solution for the differential equation. d. Estimate the number of patents obtained by 1900 .
Step-by-Step Solution
VerifiedKey Concepts
Carrying Capacity
- Carrying capacity is symbolized by the letter \( K \).
- It affects the rate of growth by setting an upper limit.
- It acts as a soft barrier that impacts how a system grows over time.
Understanding carrying capacity helps model real-life situations where growth isn't infinite, such as populations, market saturation, or potential patents in a technological sector.
Initial Conditions
- Initial conditions are necessary for making exact predictions.
- They transform a general mathematical solution into a particular one.
- In the patent example, they provide the year-dependent anchor for calculating future patent numbers.
Separation of Variables
This method is particularly useful for linear equations where multiplication of the dependents is involved. For our example, this meant isolating \( P \) from \( t \), the time.
- It simplifies complex differential equations involving proportions.
- The process involves rearranging and integrating both sides of the equation separately.
- It's a foundational method that helps uncover the general and particular solutions of problems.
Proportionality Constants
- This constant regulates the speed or steepness of growth in the model.
- It's essential for ensuring the model reflects reality; without it, predictions and estimations would lack accuracy.
- These constants provide insights into system behaviors and growth dynamics.