- Chapter 3: Exponential and Logarithmic Functions
- 3.1 Introduction
- 3.2 Properties of Exponents
- 3.3 Exponential Functions
- 3.4 Graphs of Exponential FunctionsThis is the current section.
- 3.5 Applications of Exponential Functions
- 3.6 Properties of Logarithms
- 3.7 Logarithmic Functions
- 3.8 Graphs of Logarithmic Functions
- 3.9 Applications of Logarithmic Functions
- 3.10 Knowledge Check
3.4 Graphs of Exponential Functions
Let’s start with a basic exponential function such that
f(x)=axf(x)=ax
where a>1a>1. There are three properties of a graph of an exponential function for any aa greater than 1. First, f(x=0)=a0=1f(x=0)=a0=1; as we learned in the previous section, a real number raised to the power of 0 is 1. Next, the exponential function is increasing with xx. This means that the higher the value of xx is, the greater the outcome of the function. Finally, f(x)>0f(x)>0 for all xx. Based on these properties, the exponential function graph looks like this:
When 0<a<10<a<1, the graph of f(x)f(x) still goes through y-intercept (0, 1) and is always positive for all xx, but the function is decreasing.
When there is a negative sign in front of aa, such that
f(x)=−axf(x)=−ax
then the graph of exponential function is rotated at the y-axis, as shown in Figure 3.3. (In this graph, the blue line represents when 1<a1<a, and the orange line represents when 0<a<10<a<1.)
Something to note is that the most common choice for aa in an exponential function is ee, where e≈2.718281828 . . .e≈2.718281828 . . . This number ee is called Euler’s number and is frequently used to describe growth and decay. In finance, it is used to calculate compound interest.
In addition, if a positive real number bb is added to the exponent, it will shift the graph to the left by bb. If a positive real number bb is subtracted from the exponent, it will shift the graph to the right by bb. If a positive real number cc is added to the entire function, it will shift the graph upward by cc. If a positive real number cc is subtracted from the entire function, it will shift the graph downward by cc.
Let’s look at a couple of examples. Can you graph the following exponential functions?
f(x)=ex+3−2g(x)=ex−1+1f(x)=ex+3−2g(x)=ex−1+1
Let’s start with f(x)f(x). Since 3 is added to the exponent, and 2 is subtracted from the entire function, the graph is moved left by 3 and down by 2. How about g(x)g(x)? Since 1 is subtracted from the exponent, and 1 is added to the entire function, the graph is moved right by 1 and up by 1.
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