Unit 7: Exponential and General Functions

Topic 2

Comparing Linear and Exponential Growth

Linear and exponential functions both model change over time, but in very different ways:
Linear: y=mx+bExponential: y=abx\text{Linear: } y = mx + b \qquad \text{Exponential: } y = a b^x
A linear function increases (or decreases) by a constant amount with each step in xx. An exponential function increases (or decreases) by a constant factor (percentage) with each step in xx.
{Linear: Δy=constantExponential: y2y1=constant ratio\begin{cases} \text{Linear: } \Delta y = \text{constant} \\ \text{Exponential: } \dfrac{y_2}{y_1} = \text{constant ratio} \end{cases}
Early on, a linear function might appear to grow faster, but eventually an exponential function surpasses it because it compounds multiplicatively. For example, y=2x+5y = 2x + 5 starts out above y=2xy = 2^x, but 2x2^x overtakes it between x=3x = 3 and x=4x = 4:
When to Use Each Model
  • Use a linear model when a fixed amount is added or subtracted (e.g., salary increases by $1000 each year).
  • Use an exponential model when change is proportional to the current value (e.g., population grows 5% per year).
Graphically:
  • Linear graphs are straight lines.
  • Exponential graphs curve upward (growth) or downward (decay).
  • y = 2x + 5 (linear)
  • y = 2^x (exponential)
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Core Skills

  • Identify whether change is additive (linear) or multiplicative (exponential).
  • Write equations for both models given a situation or data.
  • Compare values over time to see when exponential overtakes linear.
  • Interpret meaning of slope (mm) and growth factor (bb).
  • Recognize patterns in tables and graphs that distinguish the two.

Example 1: Distinguishing Linear vs. Exponential

A quantity increases by 10 each year.
y=50+10xy = 50 + 10x
Constant difference → linear. Another quantity increases by 10% each year.
y=50(1.10)xy = 50(1.10)^x
Constant ratio → exponential. Answer: First is linear, second is exponential.

Example 2: Comparing Growth Over Time

Compare L(x)=100+20xL(x) = 100 + 20x and E(x)=100(1.15)x.E(x) = 100(1.15)^x. Compute a few values:
x02468L(x)100140180220260E(x)100132175231306\begin{array}{c|ccccc} x & 0 & 2 & 4 & 6 & 8 \\ \hline L(x) & 100 & 140 & 180 & 220 & 260 \\ E(x) & 100 & 132 & 175 & 231 & 306 \end{array}
At first, linear grows faster, but around x=5x = 5, exponential surpasses it. Interpretation: Exponential growth dominates over time.

Example 3: Real-World Comparison

A worker earns $30,000 and gets a $2,000 raise yearly (linear):
SL(t)=30,000+2000tS_L(t) = 30{,}000 + 2000t
A startup grows revenue by 10% annually (exponential):
SE(t)=30,000(1.10)tS_E(t) = 30{,}000(1.10)^t
After 5 years:
SL(5)=40,000,SE(5)=30,000(1.10)5=48,315.S_L(5) = 40{,}000, \quad S_E(5) = 30{,}000(1.10)^5 = 48{,}315.
The exponential model surpasses the linear one. Answer: Exponential wins in the long term.

Example 4: Identifying Model Type from Data

x01234y1020304050\begin{array}{c|ccccc} x & 0 & 1 & 2 & 3 & 4 \\ \hline y & 10 & 20 & 30 & 40 & 50 \end{array}
Constant difference of +10 → linear.
x01234y101522.533.7550.6\begin{array}{c|ccccc} x & 0 & 1 & 2 & 3 & 4 \\ \hline y & 10 & 15 & 22.5 & 33.75 & 50.6 \end{array}
Constant ratio (multiply by 1.5) → exponential.

Example 5: Crossover Point (When They Are Equal)

Solve L(x)=E(x)L(x) = E(x) for 100+20x=100(1.15)x.100 + 20x = 100(1.15)^x. This cannot be solved algebraically without a calculator, but graphically they intersect near x5.2.x \approx 5.2. Beyond that point, exponential dominates.

Key Takeaways

  • Linear: constant difference; Exponential: constant ratio.
  • Linear growth is steady; exponential growth accelerates.
  • On a graph, exponential curves eventually overtake linear lines.
  • In data, check differences vs. ratios to identify the model.
  • On the SAT, expect comparison questions between linear and exponential models.