Let's analyze the given table and determine the answers step-by-step.
### Step 1: Determine the Reason for the Higher Auction Price
- Retail price of the game system: [tex]$249
- Auction price of the game system: $[/tex]450
To find out why the auction price of the game system is higher than the retail price, we need to calculate the difference between the auction price and the retail price.
[tex]$
\text{Auction price} - \text{Retail price} = 450 - 249 = 201
$[/tex]
So, the auction price of the game system is higher than the retail price because the auction price is \[tex]$201 more than the retail price.
### Step 2: Calculate the Savings for the Phone After 6 Months
- Retail price of the phone: $[/tex]599
- Price of the phone after 6 months: [tex]$399
To find out the savings if you bought the phone after six months, we need to calculate the difference between the retail price and the price after six months.
$[/tex][tex]$
\text{Retail price} - \text{Price 6 months later} = 599 - 399 = 200
$[/tex][tex]$
So, if you waited six months to buy the phone, you would have saved \$[/tex]200.
### Final Answer
- The auction price of the game system is higher than the retail price because it is \[tex]$201 more.
- If you waited six months to buy the phone, you would have saved \$[/tex]200.
By confirming the results from calculations, it's clear that these are correct answers.
