We are given that initially there were 40 people in the audience.
And an up-and-coming band has seen a 50% monthly increase in the the number of audience members at their concerts.
The number of audience members is represented by y variable and
Number of months is represented by x variable.
So, the exponential function would be
y= a(b)^x
Where a is the initial value, b is the growth factors.
a= 40 and b= 1+ 0.50 = 1.50.
Therefore,
y= 40(1.50)^x is the exponential function situation.
Let us check some point on the graph.
If we plug x=0, we get initial value 40.
If we pug x=2, we get
y=40(1.50)^2 = 40(2.25) = 90.
Graph C represents y=40 at x=0 and y=90 at x=2.
Therefore, correct option is C option.