Abstract

We give a complete picture regarding the behavior of positive solutions of the following important difference equation: xn=1+i=1kαixnpi/j=1mβjxnqj, n0, where αi, i{1,,k}, and βj, j{1,,m}, are positive numbers such that i=1kαi=j=1mβj=1, and pi, i{1,,k}, and qj, j{1,,m}, are natural numbers such that p1<p2<<pk and q1<q2<<qm. The case when gcd(p1,,pk,q1,,qm)=1 is the most important. For the case we prove that if all pi, i{1,,k}, are even and all qj, j{1,,m}, are odd, then every positive solution of this equation converges to a periodic solution of period two, otherwise, every positive solution of the equation converges to a unique positive equilibrium.