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The value of a company’s stock is represented by the expression x2 – 2y and the company’s purchases are modeled by 2x + 5y. The company’s goal is to maintain a stock value of at least $7,000, while keeping the purchases below $1,000. Which system of inequalities represents this scenario?


1. x2 – 2y > 7000 2x + 5y < 1000

2. x2 – 2y ≥ 7000 2x + 5y < 1000

3. x2 – 2y > 7000 2x + 5y ≤ 1000

4. x2 – 2y ≤ 7000 2x + 5y ≤ 1000