Question

Like logistic growth, exponential growth

Answer 1

The correct answer is:

b. exhibits a period of rapid growth as the population size increases.

Explanation:

Exponential growth can be represented using an equation of the form y=a(b)ˣ, where a represents the initial amount or population, b is the growth factor, and x is the number of time periods.

Compound interest is a good example of exponential growth.  When you first start out, you may have a small amount in your savings account.  However, as time passes by and the interest is compounded in your account, you will earn money at increasing amounts every year.  This is because while the percent of growth may stay the same, each year the interest is calculated based on the amount you currently have in the bank.  The more money you have, the larger amount that percent will give you.