A company's profit, , in thousands of dollars, is given by the inequality . Determine the minimum profit, , in thousands of dollars. The minimum profit is .
Answer & Analysis
Analysis
Question Analysis
This question tests the student's ability to apply the concept of solving inequalities to a real-world scenario, specifically determining the minimum profit for a company.
Key Concept Explanation
When solving inequalities, if you multiply or divide both sides by a negative number, the direction of the inequality sign must be flipped.
Step-by-step Solution
1. Subtract 20 from both sides:
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