Question: Graph the updating functions associated with the following discrete-time dynamical systems, and cobweb for five steps starting from the given initial condition. xt+1 = xt/1
Graph the updating functions associated with the following discrete-time dynamical systems, and cobweb for five steps starting from the given initial condition.
xt+1 = xt/1 + xt, starting from x0 = 1.
For Information: (as in Section 1.5, Exercise 23)
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