A celebrated theorem of Kemer (1978) states that any algebra satisfying a polynomial identity over a field of characteristic zero is PI-equivalent to the Grassmann envelope G ( A ) G(A) of a finite dimensional superalgebra A A . In this paper, by exploiting the basic properties of the exponent of a PI-algebra proved by Giambruno and Zaicev (1999), we define and classify the minimal superalgebras of a given exponent over a field of characteristic zero. In particular we prove that these algebras can be realized as block-triangular matrix algebras over the base field. The importance of such algebras is readily proved: A A is a minimal superalgebra if and only if the ideal of identities of G ( A ) G(A) is a product of verbally prime T-ideals. Also, such superalgebras allow us to classify all minimal varieties of a given exponent i.e., varieties V V such that exp ( V ) = d ≥ 2 exp ({V})=d≥ 2 and exp ( U ) > d exp (U)>d for all proper subvarieties U {U} of V {V} . This proves in the positive a conjecture of Drensky (1988). As a corollary we obtain that there is only a finite number of minimal varieties for any given exponent. A classification of minimal varieties of finite basic rank was proved by the authors (2003). As an application we give an effective way for computing the exponent of a T-ideal given by generators and we discuss the problem of what functions can appear as growth functions of varieties of algebras.
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Giambruno et al. (2003) studied this question.