Global Asymptotic Behavior of <inline-formula><graphic file="1687-1847-2007-041541-i1.gif"/></inline-formula>

We investigate the global stability character of the equilibrium points and the period-two solutions of , with positive parameters and nonnegative initial conditions. We show that every solution of the equation in the title converges to either the zero equilibrium, the positive equilibrium, or the period-two solution, for all values of parameters outside of a specific set defined in the paper. In the case when the equilibrium points and period-two solution coexist, we give a precise description of the basins of attraction of all points. Our results give an affirmative answer to Conjecture 9.5.6 and the complete answer to Open Problem 9.5.7 of Kulenovi&#263; and Ladas, 2002.