Exponential Functions

Take a sheet of paper and fold it in half. You have 2 layers. Fold it again: 4 layers. Then 8, 16, 32. Every fold doubles the number of layers. After x folds you have 2ˣ layers.

This kind of "multiplying by the same number again and again" is described by an exponential function. The variable x is not in the base here but in the exponent, which is where the name comes from.

An exponential function has the formula y = aˣ, where the base a is a positive number other than 1. We read it as "y equals a to the x".


Contents


Table of values and graph

Let's work out the values of y = 2ˣ for a few whole numbers x:

x−2−10123
y = 2ˣ¼½1248

Notice two things:

  • One step to the right (x bigger by 1) doubles the value.
  • One step to the left halves the value. The value gets closer and closer to zero, but it never becomes zero: ½, ¼, ⅛, …

Remember: 2⁰ = 1, and a negative exponent means the reciprocal, for example 2⁻² = 1/2² = ¼.

Graphs of y = 2ˣ (orange), y = 3ˣ (solid black) and y = (½)ˣ (dashed black); all three pass through the point (0, 1)

The picture shows three exponential functions. All of them pass through the point (0, 1), because any positive number to the power of zero is 1.

  • y = 3ˣ grows faster than y = 2ˣ: a bigger base gives a steeper graph.
  • y = (½)ˣ is the mirror image of y = 2ˣ in the y-axis. When the base is between 0 and 1, the function decreases.

Why the base must be positive and not 1

  • Base 1: 1ˣ = 1 for every x. That is a constant function; there is nothing exponential about it.
  • Negative base: (−2)^½ = √(−2) does not exist. The function would be undefined for many values of x.
  • Base 0: 0⁻¹ = 1/0 makes no sense.

That is why we always require a > 0 and a ≠ 1 (read "a is greater than zero and not equal to one").


Properties of the exponential function

Propertya > 1 (e.g. 2ˣ)0 < a < 1 (e.g. (½)ˣ)
Domainall real numbers ℝall real numbers ℝ
Range(0, ∞), positive numbers only(0, ∞), positive numbers only
Behaviourincreasingdecreasing
Point on the graph(0, 1)(0, 1)
Asymptotethe x-axis, y = 0 (on the left)the x-axis, y = 0 (on the right)

An asymptote is a line that the graph gets closer and closer to but never touches. For y = 2ˣ it is the x-axis: the values ½, ¼, ⅛ … get ever closer to zero but stay positive.

💡 The function is one-to-one: it takes each value only once. Thanks to that it has an inverse function, the logarithm. More in the article Logarithmic Functions.


Shifted graphs

The formula y = a^(x − m) + n shifts the graph of y = aˣ:

  • m to the right (to the left if m is negative),
  • n up (down if n is negative).

The asymptote and the point (0, 1) move together with the graph.

Worked example

Sketch the graph of y = 2^(x − 2) + 1.

  1. The asymptote moves 1 up: y = 1.
  2. The point (0, 1) moves 2 to the right and 1 up: (2, 2). This is where the exponent is zero: x − 2 = 0.
  3. One unit further to the right the exponent is 1: y = 2¹ + 1 = 3, the point (3, 3).
  4. The base 2 is greater than 1, so the function is increasing.
The dashed graph of y = 2ˣ and the orange graph of y = 2^(x − 2) + 1, shifted 2 to the right and 1 up; the asymptote y = 1 and the points (0, 1) and (2, 2)

💡 How do you find the formula from a graph? Find the asymptote (that is n), then the point where the graph is 1 unit above the asymptote (its x-coordinate is m), and one unit further to the right read off how many times the graph has grown (that is a).


Common mistakes

  • Mixing it up with a power function. y = x² has the variable in the base, y = 2ˣ has it in the exponent. For x = 10, x² = 100, but 2¹⁰ = 1,024.
  • "The graph crosses the x-axis." It does not. The exponential function y = aˣ is always positive.
  • The wrong sign of the shift. y = 2^(x − 2) is shifted 2 to the right, not to the left. At the point (2, 2) the exponent is 2 − 2 = 0.
  • 2⁻¹ = −2. No, 2⁻¹ = ½. A negative exponent gives the reciprocal, not a negative number.

Summary

  • Exponential function: y = aˣ, where a > 0 and a ≠ 1.
  • For a > 1 it is increasing, for 0 < a < 1 it is decreasing.
  • The graph always passes through (0, 1), the range is the positive numbers, and the asymptote is the x-axis.
  • y = a^(x − m) + n is the graph shifted m to the right and n up, with the asymptote y = n.

Try it yourself

  1. Work out the values of y = 3ˣ for x = −1, 0, 2.
  2. Is the function y = (0.8)ˣ increasing or decreasing?
  3. What is the asymptote of the graph of y = 5ˣ − 3?
  4. Which point does the graph of y = 2^(x + 1) pass through where the exponent is zero?
Answers:
  1. 3⁻¹ = ⅓, 3⁰ = 1, 3² = 9.
  2. Decreasing, because the base 0.8 is between 0 and 1.
  3. y = −3 (the graph is shifted 3 down).
  4. The exponent is zero for x = −1, so the point is (−1, 1).

Practice

👉 Next: Exponential Growth and Decay