State whether the equation y=10^3x represents a linear, quadratic, or exponential function. Tell how you decided.

I think it is exponential, is this correct

Yes, you are correct! The equation y = 10^3x represents an exponential function.

To determine the type of function, we can analyze the equation.

In an exponential function, the independent variable (x) is in the exponent. In this case, we have x as the exponent of 10.

In contrast, for a linear function, the independent variable is typically not raised to a power. A linear function would be of the form y = mx + b, where m and b are constants.

Lastly, a quadratic function would involve the independent variable (x) raised to the power of 2, while we see x raised to the power of 3 in the given equation.

Based on this analysis, we can conclude that the equation y = 10^3x represents an exponential function.