1. (a) Define an exponential function and distinguish between the terms "exponential growth" and "exponential decay" in the context of its graph.
(b) For the functions f(x)=1.5x and g(x)=(1.51)x, state in each case:
(i) whether the curve is increasing or decreasing,
(ii) the horizontal asymptote,
(iii) x→∞limf(x) and x→∞limg(x).
Give reasons for each answer.
(c) Explain why the point (0,1) always lies on the graph of y=ax for any valid base a.
(d) Describe, without calculation, how the graphs of f and g are related to each other geometrically.