Answer
True
Work Step by Step
The logistic equation is given by
$$\frac{dP}{dt}=r(1-\frac{P}{C}P)$$
where $r=B_0\\C=B_0/D_0$
When $P'=\frac{dP}{dt}=0$, there are two equilibrium solutions $P=C$ and $P=0$.
Hence, the statement is true.
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