A company's profit,, in thousands of dollars, is modeled by the inequality. Determine the range of possible profits for the company. The solution set is ________.
Answer & Analysis
Analysis
Question Analysis
This question tests the student's ability to solve an absolute value inequality in a real-world context and express the solution in interval notation.
Key Concept Explanation
The key concept here is understanding that the inequality can be split into a compound inequality: . Solving this compound inequality will give the range of possible profits.
Step-by-step Solution
1. Start with the given inequality:
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