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The company’s profits
are between
and
.
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Did you know that inequalities like this one can be used to determine feasible profit ranges based on varying levels of production or sales? In this case,
could represent the number of units sold. The lower bound represents the minimum profit at a specific sales volume, while the upper bound shows the maximum potential profit. Understanding these ranges helps companies make informed operational decisions!
When working with inequalities, a common mistake is forgetting that the same
value applies to both bounds of the inequality. Make sure to use the same unit count when analyzing both ends to avoid confusion. Also, always double-check your calculations to ensure proper boundary identification, so you don’t misinterpret the potential profits!