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Make sure to label all the graphs Use your preferred internet search engine to explore different types of businesses and business owners that you might be able to adapt your business model to in completing the assessment To get you started use the search term Shop First Nations to find an example of a resource that might be helpful This search term is just a suggestion and you are encouraged to research different resources to help you find inspiring examples of businesses and business owners Task 1 Understanding the equation Your company has a profit that is represented by the equation P 2 4x 60 where P is the profit in millions and x is the number of years starting in 2020 Hint You might want to factor out the common denomenator first HINT this means when x 0 it is 2020 Therefore so today being 2023 would be represented by x 4 2024 2020 4 a Graph the relation b Is this relation linear quadratic or neither Explain your answer in two different ways c What is the direction of opening and does profit have a maximum or minimum How do you know d 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 P 0 a How many break even point s will there be What do you use to determine this b Determine in which year s the company will break even using any algebraic method you wish c Determine in which year s the company will break even using a different algebraic method than you chose in b d Which mothed th

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