The function is
The given function is an exponential function.
A characteristic of these type of function is that it never crosses the x-axis.
If the base is between 0 and 1 and positive, then the function will be always over the x-axis.
The greater the value of x, the more close it would come to the x-axis but it will never reach it, this is called an horizontal asympote.→ since it has an horizontal asympote it will never be zero, it means that it does not have a minimum value, it just keeps decreasing until infinity.