This section covers exponential functions, growth and decay, intercepts and asymptotes.
The form y=ax
An exponential function has the variable in the exponent, as in y=ax, where the base a is a positive constant. For a non-constant exponential function, a=1; if a=1, then y=1 for every x.
For a>0 and a=1, the graph:
passes through (0,1) because a0=1;
has positive y-values, so it never crosses the x-axis;
approaches the horizontal asymptote y=0.
Base
As x increases
a>1
ax increases: growth.
0<a<1
ax decreases: decay.
The curves y=4x and y=0.25x share the intercept (0,1).
Comparing bases
For x>0, a larger positive base gives a larger value of ax. For x<0, the order reverses. For example, 3x>2x when x>0, but 3^x<2^x when x<0.
02•Exponential Equations
The Number e
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A special exponential base
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