Exponential decay functions are mathematical models used to describe processes where quantities decrease rapidly at first and then level off over time. The general form of an exponential decay function is \( y = a e^{-bx} \), where:
- \(a\) is the initial amount or value.
- \(b\) is the decay constant.
In the given system, the function \( y = e^{-x} \) is an exponential decay function. Unlike linear functions, exponential decay functions decrease quickly for small values of \( x \) and then decrease more slowly as \( x \) increases.
This type of function is commonly used in various fields such as physics, biology, and finance to model phenomena like radioactive decay, population decline, and depreciation of assets.
By graphing \( y = e^{-x} \), you will see a steep drop that starts near the y-axis and approaches zero as \( x \) increases.