This chart shows the actual pricing history for three items.

Historical Pricing for Small-Scale Items

\begin{tabular}{|c|c|c|c|c|}
\hline
Item & Retail Price & Initial Online Price & Current Online Price & Auction Price \\
\hline
Game System & \[tex]$243 & \$[/tex]229 & \[tex]$450 & \$[/tex]450 \\
\hline
Smartphone & \[tex]$590 & \$[/tex]399 & - & - \\
\hline
DVD & \[tex]$24 & \$[/tex]16 & \$19 & - \\
\hline
\end{tabular}

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

A. Game System
B. Smartphone
C. DVD
D. It's most beneficial to buy all now.



Answer :

To determine which product would be most beneficial to wait before buying, we need to analyze the reduction in prices for each item.

1. Game System:
- Initial price: \[tex]$243 - Reduction price: \$[/tex]229
- Savings: \[tex]$243 - \$[/tex]229 = \[tex]$14 2. Smartphone: - Initial price: \$[/tex]590
- Reduction price: \[tex]$399 - Savings: \$[/tex]590 - \[tex]$399 = \$[/tex]191

3. DVD:
- Initial price: \[tex]$24 - Reduction price: \$[/tex]16
- Savings: \[tex]$24 - \$[/tex]16 = \[tex]$8 Now, we compare the savings: - Game System savings: \$[/tex]14
- Smartphone savings: \[tex]$191 - DVD savings: \$[/tex]8

Among these, the smartphone has the highest savings (\$191), which means it has the greatest reduction from its initial price.

Therefore, it would be most beneficial to wait before buying the smartphone.