For a non–zero constant k, the differential equation dxdy=ky arises frequently in models of exponential change.
(i) Show that ln∣y∣=kx+C1, where C1 is an arbitrary constant.
(ii) Hence obtain the general solution y=Cekx, clearly identifying the arbitrary constant C.
(iii) Prove, by examining the sign of dxdy, that every solution curve is increasing when k>0 and decreasing when k<0. State what happens when k=0.