Final answer:
Option b) f(x) = 1/2 * (-3/2)^x represents exponential decay.
Step-by-step explanation:
The function that represents exponential decay is option b) f(x) = 1/2 * (-3/2)x.
Exponential decay occurs when the base of the exponential function is between 0 and 1. In option b), the base is (-3/2), which is between 0 and 1. Therefore, option b) represents exponential decay.