Unit 1 Assessment For this assessment, you will play the role of a business owner and use the skills learned in this unit to answer questions about your business. Task 1: Understanding the Equation Your company has a profit that is represented by the equation P=14 x2+5x+24 P=-14 x2+5x+24, where P is the profit in millions and x is the number of years starting in 2018. Graph relation 2. Is this relation linear, quadratic, or neither? Explain your answer in two different ways. 3. What is the direction of opening and does profit have a maximum or minimum? How do you know? 4. What is the P-intercept of this relation? What does it represent? Do you think it would make sense that this is a new company given the P-intercept? Explain. Task 2: Solving for break-even point(s) A break-even point for a company is when they are neither making nor losing money. This is when the profit is 0. How many break-even point(s) will there be? What do you use to determine this? Determine in which year(s) the company will break even using any algebraic method you wish. Determine in which year(s) the company will break even using a different algebraic method than you choose in b). Which method, the one you used for b) or the one you used for c) did you prefer? Explain why. Task 3: Determining different profits In the year 2024, how much profit will the company be making? Solve this algebraically. 2. For how many years will the company be making at least 33 million? Solve this algebraically Task 4: Math Journal Choose one entry from your math journal from this unit that you found a difficult topic and write a summary addressing the following. Why did you find this difficult? Was this new to you or had you learned this before? Explain fully. What did you do to understand this topic better? Explain fully Rubric - Unit 1 Assessment The teacher will assess your work using the following rubric. Before submitting your assessment, review the rubric to ensure that you are meeting the success criteria to the best of your ability. When you are ready, submit your assessment for feedback and a grade by selecting the Assignments link and following the submission directions.