Verhulst's solution was to introduce a "logistic term" into the geometric growth equation. The term, 1 - (N/K), decreases as N approaches K, thereby reducing ra by an equal amount for each addition of an individual to the population. The equation
dN/dt = [rmax(1 - N/K)]N
became known as the "logistic equation." It serves us still as a way to look at the process of population growth.