If we know $-c < x+y < c$ and $-c < xy < c$ with $c > 0$ and $x, y \in \mathbb R$, what is a good bound for $x$ and $y$?
Intuitively, $x, y$ are in the region that are intersected by two lines $x+y= \pm c$ and four graphs $y=\pm \frac{c}{x}$. For example, a plot like this (with $c=10$)
. But I don't know how to analytically argue this?
First, note that $|xy|=|x||y|$ and hence if $|xy|<c$, it follows that $|x|<c/|y|$.
Next, note that $|x+y|\geq||x|-|y||\geq|x|-|y|$ and hence if $|x+y|<c$, then $|x|<|y|+c$.
Put these bounds together and you have $|x|<\min\{c/|y|,|y|+c\}$.
Consider now the curves $y\mapsto c/y$ and $y\mapsto y+c$ defined on $[0,\infty)$. These lines intersect at points $y$ satisfying $$ \frac{c}{y}=y+c. $$ By the quadratic formula, the only such point is $$ y=\frac{\sqrt{c^{2}+4c}-c}{2}. $$ The value of the curves at this point is $$ \frac{2c}{\sqrt{c^{2}+4c}-c}. $$ Since the first curve is decreasing and goes to infinity as $y$ vanishes while the second curve is increasing and finite at zero, it follows that the above is an upper bound of $|x|$.
Since $x$ and $y$ are symmetric, this is also true for $|y|$.