What is exponential growth?
A)growth that occurs at a constant rate
B)growth that is logarithmic in nature
C)growth that occurs as a constant percentage of the existing amount
D)growth that doubles the existing number

Question

Quizplus · Accepted Answer

Exponential growth occurs as a constant percentage of the existing amount, where the rate of growth increases over time. The population growth, compound interest, and the spread of diseases are examples of exponential growth. Therefore, option C is the correct answer. Option A is incorrect because growth that occurs at a constant rate is linear, not exponential. Option B is also incorrect because logarithmic growth is inversely proportional to exponential growth. Finally, option D is not correct because doubling the existing number is only a characteristic of exponential growth when it is occurring at a constant rate continuously, which is not always the case.

What Is Exponential Growth