To represent the situation, let \( x \) be the number of bracelets and \( y \) be the number of necklaces. The total number of beads used can be expressed with the following inequality due to the constraints of the problem:
\[ 25x + 55y \leq 500 \]
Now, let's analyze the point \((-7, 5)\). Here, \(x = -7\) (which represents the number of bracelets), and \(y = 5\) (which represents the number of necklaces).
The reason why \((-7, 5)\) is not a viable solution is due to the fact that you cannot have a negative number of bracelets. In the context of this problem, both \(x\) and \(y\) must be non-negative integers (0 or greater) because you cannot create a negative number of bracelets or necklaces.
Thus, the appropriate response is:
No, because while this point is within the solution set, \(-7\) does not represent a viable value in this context.