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How many students would demand a cell phone that costs $3,995? That was the price of...

How many students would demand a cell phone that costs $3,995? That was the price of the first cell phone available to the public, the DynaTAC8000X, in 1983. By 2011, the average price of a smartphone was $135, and more people were buying cell phones (EconEdLink.org).

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