The exponential function
Exponential functions have a constant basis and the $x$ is in the exponent. An exponential function whose graph has not been shifted and not stretched has the function equation:
$y=b^x$
This function is called an exponential function to base $b$. It is important that $b > 0$ and $b\neq1$. Exponential functions describe exponential growth.
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Properties
- The range of values $W=[0,\infty]$ and the domain $D=\mathbb{R}$ (real numbers)
- An exponential function whose graph is not shifted has no zeros, because the x-axis is anasymptote (graph approaches, but never reaches)
- The graph passes through the points $P(0|1)$ and $P(1|b)$
- If $b > 1$, the function is monotonically increasing
- If $0 < b < 1$, the function is monotonically decreasing
Example
$\color{blue}{f(x)=2^x}$
$\color{red}{g(x)=(\frac12)^x}$
The two graphs of the exponential functions have the following properties:
- Both functions have a value range of $W=[0,\infty]$, because no y value goes negative.
- The domain $D=\mathbb{R}$ are all real numbers, because $x$ can be any number.
- The graphs of both functions continue to approach the x-axis ($y=0$), but never reach it. The x-axis is therefore an asymptote.
- Both graphs pass through the points $P(0|1)$ and $P(1|b)$.
- The function $\color{blue}{f(x)}$ monotonically increases, because the y values increase with increasing x-values.
The function $\color{red}{g(x)}$ monotonically decreases, because the y-values get smaller with increasing x-values.