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How does an exponential function change when its base is between 0 and 1?

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In mathematics, an exponential function is defined by the relation y=ax, where a is a positive real number not equal to 1.

When the base a is between 0 and 1 (i.e., 0<a<1), the function is strictly decreasing as x increases. Rather than representing exponential growth, this behavior characterizes exponential decay. For instance, the function y=(1/2)x demonstrates this property, as its value diminishes toward zero as the exponent x grows larger.1