STEP-BY-STEP ANSWER:
Step 1: Identify the top and bottom functions in the interval. Here, y = e^x is above y = x for 0 ≤ x ≤ 1.
Step 2: Set up the integral for the area A: A = ∫[0 to 1] (e^x - x) dx.
Step 3: Compute the integral. The integral of e^x is e^x, and the integral of x is (1/2)x^2.
Step 4: Evaluate the antiderivatives from 0 to 1: A = [e^x - (1/2)x^2] from 0 to 1 = (e - 1/2) - (1 - 0).
Step 5: Simplify the expression: A = e - 1/2 - 1 = e - 3/2.
Final Answer: The area of the region is e - 3/2.