Question

Indicate whether the following statement is true or false. In exponential growth function eventually exceeds a quadratic function with a positive leading coefficient

Answer 1

Indicate whether the following statement is true or false. In exponential growth function eventually exceeds a quadratic function with a positive leading coefficient

True

Answer 2

The given statement is true.

Explanation:

In exponential, growth function eventually exceeds a quadratic function with a positive leading coefficient. This is true.

The growth function is given as :

`y=a(1-r)^(x)`

Now a days this formula is used for growth or decay function, unlike the older one
`y=ab^(x)`

Here, the b value (growth factor) has been replaced either by (1 + r) or by (1- r).