First, we need to find the equations of the two dotted lines.
One of the lines is parallel to the x-axis and passes through the point (0, 2), then its equation is:
y = 2
The other line has a slope of 1 and intercepts the y-axis at the point (0,0). Using the slope-intercept form with m = 1 and b = 0, its equation is:
y = mx + b
y = 1*x + 0
y = x
Given that the shaded region is below both lines and the lines are not included in the solution, then we need to use a "<" sign in the inequalities. Finally, the system of inequalities is:
y < x
y < 2