Concept:
The order of a differential equation is the order of the highest derivative present.
The degree of a differential equation is the highest power (exponent) of the highest order derivative, but \textit{only after} the equation has been cleared of fractional or negative exponents involving derivatives.
Step 1: Eliminate the negative exponent.
The given equation is:
$$2\frac{dy}{dx} - 3x = \frac{1}{\left(2y - x\frac{dy}{dx}\right)^3}$$
To make it a polynomial equation in its derivatives, cross-multiply by the denominator:
$$\left(2y - x\frac{dy}{dx}\right)^3 \left(2\frac{dy}{dx} - 3x\right) = 1$$
Step 2: Determine the order.
The only derivative present in the entire equation is $\frac{dy}{dx}$, which is a first derivative.
Therefore, the order is 1.
Step 3: Determine the degree.
We need to find the highest power of $\frac{dy}{dx}$ in the expanded polynomial.
Consider the highest power term from the cubic expansion:
$$\left(2y - x\frac{dy}{dx}\right)^3 = (2y)^3 - 3(2y)^2\left(x\frac{dy}{dx}\right) + 3(2y)\left(x\frac{dy}{dx}\right)^2 - \left(x\frac{dy}{dx}\right)^3$$
The term with the highest power of the derivative here is $-x^3\left(\frac{dy}{dx}\right)^3$.
Now multiply this leading term by the term containing the derivative in the second bracket, $2\frac{dy}{dx}$:
$$\left[ -x^3\left(\frac{dy}{dx}\right)^3 \right] \cdot \left[ 2\frac{dy}{dx} \right] = -2x^3\left(\frac{dy}{dx}\right)^4$$
The highest power to which the derivative is raised in the fully expanded equation is 4.
Therefore, the degree is 4.