How to plot inequalities

Try this: The red area is where both inequalities are satisfied.

[X,Y]=meshgrid(0:0.01:1,0:0.01:1); % Make a grid of points between 0 and 1
p1=0.1; p2=0.2; % Choose some parameters
ineq1 = Y<p2*(1-p1);
ineq2 = X<p1*(1-(Y./(1-p1)));
colors = zeros(size(X))+ineq1+ineq2;
scatter(X(:),Y(:),3,colors(:),'filled')

An alternative solution (yet similar to Sam Robert's) would be using contourf:

[X, Y] = meshgrid((0:999) / 1000, (0:999) / 1000);
p = rand(2, 1);                            %# In this example p = [0.1, 0.2]
ineq1 = Y < p(2) * (1 - p(1));             %# First inequation
ineq2 = X < p(1) * (1 - (Y / (1 - p(1)))); %# Second inequation
both = ineq1 & ineq2;                      %# Intersection of both inequations

figure, hold on
c = 1:3;                                   %# Contour levels
contourf(c(1) * ineq1, [c(1), c(1)], 'b')  %# Fill area for first inequation
contourf(c(2) * ineq2, [c(2), c(2)], 'g')  %# Fill area for second inequation
contourf(c(3) * both, [c(3), c(3)], 'r')   %# Fill area for both inequations
legend('First', 'Second', 'Both')
set(gca, ...                               %# Fixing axes ticks
    'XTickLabel', {t(get(gca, 'XTick'))}, 'YTickLabel', {t(get(gca, 'YTick'))})

and this is the result:

The red area (as mentioned in the legend) indicates where both inequations are satisfied.

Note that the second and third contourf calls are just for illustration, to show where only one of the inequations is satisfied.