An exponential function is one in which the independent variable x appears in the exponent and has a constant a as its base. Its expression is:
![f(x)=a^x](https://img.qammunity.org/2023/formulas/mathematics/college/egmd9mnw8ebcwssekwzf9k7vghyv57vu00.png)
With a being a positive real, a > 0, and different from 1, a ≠ 1.
When 0 < a < 1, then the exponential function is a decreasing function and when a > 1, it is an increasing function.
For example: the function
![f(x)=2^x](https://img.qammunity.org/2023/formulas/mathematics/high-school/4zfs7cmm18gayjob0j01e7yfqa7wstig.png)
Since a = 2 > 1, the function is increasing. We have the graph below:
And the function
![f(x)=0.5^x](https://img.qammunity.org/2023/formulas/mathematics/high-school/j5u04q6n1orkbu4c46wey63wz016yi5tpk.png)
Since a = 0.5 < 1, the function is decreasing. Then, the graph is: