An exponential decay function represents a quantity that has a decreasing halving time.?

Answer 1

An exponential decay function describes a process where a quantity decreases at a rate proportional to its current value, leading to a consistent halving time. This means that after each fixed interval, the quantity reduces to half of its previous amount. For example, in radioactive decay, the halving time remains constant regardless of how much of the substance is left, illustrating the characteristic nature of exponential decay. Overall, it models many real-world phenomena where resources diminish over time.