I've been trying to understand the circuit shown below. I have a few questions that it would be great if someone could help me with.
I don't really understand how frequency modulation happens in this circuit. From reading around, the general explanation seems to be that the amplified signal from the electret microphone somehow alters the internal capacitance of the transistor Q2 to create the modulation. Which junction capacitance is this that is getting altered? Is it the capacitance between base and emitter? How exactly is the capacitance being altered by the input signal?
Also, C5 is providing the positive feedback to the emitter of Q2 in common base configuration. This looks like a Colpitts type setup, but why is the signal fed back through just one capacitor instead of the usual capacitive divider?