2. Define Power law of exponents.
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the theorem stating the elementary properties of exponents, as the property that the product of the same bases, each raised to an exponent, is equal to the base raised to the sum of the exponents: xa ⋅ xb = xa+b.
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The power law (also called the scaling law) states that a relative change in one quantity results in a proportional relative change in another. ... A power law distribution has the form Y = k Xα, where: X and Y are variables of interest, α is the law's exponent, k is a constant.
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