Q. Assertion : A population growing in a habitat with limited resources shows initially a lag phase, followed by phases of acceleration and deceleration and finally an asymptote, when the population density reaches the carrying capacity.
Reason : In Verhulst-Pearl Logistic growth, plot of (population density) at time results in a sigmoid curve

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Solution:

A population growing in a habitat with limited resources shows initially a lag phase, followed by phases of acceleration and deceleration and finally an asymptote, when the population density reaches the carrying capacity.
A plot of population density in relation to time results in a sigmoid curve. This type of population growth is called Verhulst-Pearl Logistic Growth and is described by the following equation :

Where Population density at time
Intrinsic rate of natural increase
and Carrying capacity.