I will very much appreciate any help. =1 24x² + 5x + 24, where P1. Your company has a profit that is represented by the equation Pis the profit in millions and x is the number of years starting in 2018.a) Graph the relationb)a) Is this relation linear, quadratic or neither? Explain your answer in two different ways.What is the direction of opening and does profit have a maximum or minimum? How do youknow?3.c)What is the P-intercept of this relation? What does it represent? Do you think it would makesense that this is a new company given the P-intercept? Explain.2. A break-even point for a company is when they are neither making nor losing money. This is when theprofit is 0.a) How many break-even point(s) will there be? What do you use to determine this?b)c)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 thanyou choose in b).d) Which method, the one you used for b) or the one you used for c) did you prefer? Explain why.a) In the year 2024, how much profit will the company be making? Solve this algebraically.b) For how many years will the company be making at least 33 million? Solve this algebraically.

Using the given relation, we can draw its graph and solve the question.NoteAccording to our…

= 1 2 x² + 5x + 24, where P 1. Your company has a profit that is represented by the equation P is the profit in millions and x is the number of years starting in 2018. a) Graph the relation a) Is this relation linear, quadratic or neither? Explain your answer in two different ways. b) What is the direction of opening and does profit have a maximum or minimum? How do you know? c) 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. are neither making por losing money. This is when the

= 1 2 x² + 5x + 24, where P 1. Your company has a profit that is represented by the equation P is the profit in millions and x is the number of years starting in 2018. a) Graph the relation a) Is this relation linear, quadratic or neither? Explain your answer in two different ways. b) What is the direction of opening and does profit have a maximum or minimum? How do you know? c) 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. are neither making por losing money. This is when the

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

I will very much appreciate any help.

=
1 2
4x² + 5x + 24, where P
1. Your company has a profit that is represented by the equation P
is the profit in millions and x is the number of years starting in 2018.
a) Graph the relation
b)
a) Is this relation linear, quadratic or neither? Explain your answer in two different ways.
What is the direction of opening and does profit have a maximum or minimum? How do you
know?
3.
c)
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.
2. A break-even point for a company is when they are neither making nor losing money. This is when the
profit is 0.
a) How many break-even point(s) will there be? What do you use to determine this?
b)
c)
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).
d) Which method, the one you used for b) or the one you used for c) did you prefer? Explain why.
a) In the year 2024, how much profit will the company be making? Solve this algebraically.
b) For how many years will the company be making at least 33 million? Solve this algebraically.

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Step 2: Draw the graph

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Step 3: Part(b) determine nature of relation

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Step 4: Part(c) Determine the direction of opening

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Step 5: Part(c) Determine the P intercept

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