This chart shows the actual pricing history for three items.

Historical Pricing for Small-Scale Items
\begin{tabular}{|c|c|c|c|}
\hline
Item & Initial Price & Price After 6 Months & Auction Price \\
\hline
Game system & \[tex]$249 & \$[/tex]229 & \[tex]$450 \\
\hline
Smart phone & \$[/tex]599 & \[tex]$399 & - \\
\hline
DVD & \$[/tex]24 & \[tex]$16 & \$[/tex]19 \\
\hline
\end{tabular}

For which product(s) would it be most beneficial to wait before buying?

A. Game system
B. Smart phone
C. DVD
D. It's most beneficial to buy all now.



Answer :

To determine which products are most beneficial to wait before buying, we need to compare the initial prices of the items with their prices after 6 months. Here’s how we can analyze the given data:

1. Game System:
- Initial price: \[tex]$249 - Price after 6 months: \$[/tex]229

Difference in price = \[tex]$249 - \$[/tex]229 = \[tex]$20 Since the price decreases by \$[/tex]20 after 6 months, it is beneficial to wait before buying the game system.

2. Smartphone:
- Initial price: \[tex]$599 - Price after 6 months: \$[/tex]399

Difference in price = \[tex]$599 - \$[/tex]399 = \[tex]$200 Since the price decreases by \$[/tex]200 after 6 months, it is beneficial to wait before buying the smartphone.

3. DVD:
- Initial price: \[tex]$24 - Price after 6 months: \$[/tex]19

Difference in price = \[tex]$24 - \$[/tex]19 = \[tex]$5 Since the price decreases by \$[/tex]5 after 6 months, it is beneficial to wait before buying the DVD.

After analyzing each product, we find that the price decreases for all three items after 6 months. Thus, it is most beneficial to wait before buying the game system, smartphone, and DVD.

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