A popular cell phone manufacturer begins selling a new phone with many unique features. Lots of people want to buy the new phone. The old phone cost $149.00. What is the most likely price of the new phone?

(1 point)
Responses

$79.00

$79.00

$129.00

$129.00

$149.00

$149.00

$199.00

1 answer

Given that the new phone has many unique features and there is a high demand for it, it is likely to be priced higher than the old phone, which costs $149. The most plausible price point for a new phone with advanced features would be $199.00.

So the most likely price of the new phone is $199.00.