Answer:
Inequality:

Explanation:
Let's denote the number of bags of popcorn sold as
and the number of cups of lemonade sold as
.
The profit,
, can be represented as follows:

According to the given condition, the soccer team must collect more than $120 in profit, so we can write the inequality:

This is the inequality that represents the number of bags of popcorn (
) and the number of cups of lemonade (
) needed to make a profit.
To graph the solution set on the coordinate plane, we would typically rearrange the inequality into slope-intercept form (
):



Now, we can graph the line
,
let's find two points:
when p = 0, c = 60 so, one point is (0,60) and
When c = 0, p = 60×2 /3 = 40.
So, another point is (40,0).
Plot this point and make a dot line.
Since the inequality is
, the solution region is above the line.
For Graph: See Attachment
(This forms a half-plane above the line on the coordinate plane.)