The Gompertz equation, often used to model population growth, especially for populations subject to constraints that limit the growth as the population size increases, is given by:

P(t) = P₀e{-be⁻ʳᵗ}

Where:
- P(t) is the population at time t,
- P₀ is the initial population size,
- b and r are positive constants related to the growth rate and carrying capacity of the environment,

Given the above explanation, which of the following statements is true regarding the Gompertz equation?

A) It models population growth without any constraints, allowing for unlimited exponential growth.
B) It assumes the population growth rate decreases linearly as the population size increases.
C) It models population growth by incorporating constraints that slow growth as the population size increases.
D) It predicts a constant population growth rate regardless of the population size.