For the Following Problem, Solve the Inequality $- 20 n \leq - 140$

question 53

Multiple Choice

For the following problem, solve the inequality. $- 20 n \leq - 140$

• A) \(( 7 , \infty )\)
• B) \(( - \infty , 7 ]\)
• C) \([ 7 , \infty )\)
• D) \(( - \infty , 7 )\)
• E) none of these

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Definitions:

Price Floors

Government or regulatory-set minimum prices for goods or services, aimed at preventing prices from falling too low.

Price

The cost involved in purchasing a specific good or service.

Shortage

A situation where the demand for a product exceeds its supply, often leading to higher prices.

Surplus

The condition that occurs when the quantity of a good or service supplied exceeds the quantity demanded, often leading to lower prices.