Hint
If E is an equilibrium, this means then setting a state variable to E will keep the state variable at that value forever. In particular, this means that if Xt=E then Xt+1 must also be E. Just replace all values of the state variable with E and solve for E.
If you are stuck, you can first try to do this with substituting numbers in for the parameters b, c, and k and finding the equilibria for this simpler case. Then, try changing the numbers and see what is different. Lastly, try to repeat your steps but with leaving the parameters just as b, c, and k.
For the main point of the problem, you can assume that b≠0. But, if you want to get every last detail, then you should also check what happens when b=0.
Hide help