The Graph of an Exponential Function Is Given $f ( x ) = 3 ^ { x } + 2$

question 17

Multiple Choice

The graph of an exponential function is given. Select the function for the graph from the functions listed.
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• A) \(f ( x ) = 3 ^ { x } + 2\)
• B) \(f ( x ) = 3 ^ { x }\)
• C) \(f ( x ) = 3 ^ { x + 2 }\)
• D) \(f ( x ) = 3 ^ { x } - 2\)

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Definitions:

Equilibrium Price

The price point at which the market's supplied and demanded goods quantities meet.

Surpluses

Occurs when the quantity of a good or service supplied exceeds the quantity demanded at a specific price; the opposite of shortages.

Shortages

A situation in which the demand for a product or service exceeds the supply available at a particular price.

Quantity Supplied

Refers to the amount of a good or service that producers are willing and able to sell at a given price during a specific period.