It is a point that may or may not be a solution to the system - depending on whether or not the inequalities are strict.
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To solve it by coordinate graphs you would take a point from the line and plug in the X and Y value into the equations and or inequalities.
A system of equations can have any number of inequalities.
The graphical method is a method used to solve algebraical problems by using graphs.
When there is an ordered pair that satisfies both inequalities.