This figure shows
This figure shows the following quantities for the K band (A0V zeropoint) for the model specified in the problem set:
What you should take away from this: There appears to be a feature in the counts at around K=20 where the slope changes, i.e., there is a "break" in the counts. This corresponds to a feature in the mean absolute magnitude plot: At K=20 the mean absolute magnitude starts to rapidly increase (decreasing LK) with increasing K. This is not a coincidence. At the same time, while the mean redshift continues to increase with increasing K, the redshift median and quartiles do begin to roll over. (The median is a more robust statistic of the redshift distribution because it is less affected by distribution tails than the mean.) At K=20 both the mean and median z are very similar, with values between 1 and 2.
Next, an inspection of the volume figures reveals that dV/dz and V roll-over at around z = 1-2 for this cosmology.
Putting this all together, it appears that the count roll-over, accompanied by a shift to larger absolute magnitudes (lower LK), is consistent with being caused by the pinching off of the cosmological volume. In general, this is a generic result and feature of expanding cosmological models, i.e., there is a volume pinch-off for all reasonable values of the density parameters. However, the position of this roll-over in redshift should be somewhat dependent on the density parameters, but in a complicated way that depends on Omega_total and Omega_lambda. The position of this roll-over in apparent magnitude is more complicated, since it will also depend on M*, as well as other parameters describing the galaxy population and its evolution. Likewise, since the slow rise of V(z) with z beyond z = 2-20 is weakly dependent on cosmology, it is likely that the slope and normalization of the counts beyond the break will be highly effected by the faint end of the luminosity function (and its evolution).