Hi. I always get this confused so I’d like to confirm I am right.

L ≤ $500

“≤” this means less than or equal to. So, does this mean that L is less than or equal to $500? I want to make sure I have the symbol facing the correct way. Thanks.

Yes, you're right.

https://www.mathsisfun.com/equal-less-greater.html

Awesome thank you!

You're welcome.

Yes, you are correct in your understanding. The symbol "≤" means "less than or equal to". In the given statement "L ≤ $500", it means that L is less than or equal to $500. The symbol is facing the correct way.