In a quiz, participants are asked to estimate the price of a guitar shown. A says, the price is greater than $500 but less than $512. B disagrees with A and estimates the price to be greater than $505 and lesser than $510. C, the third and last participant says the price cannot be greater than $508. If all the estimates made by all the participants are correct, then what is the average of the probable prices of the guitar?
A. $506
B. $507
C. $508
D. Data inadequate
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Answer:
$506
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