Answer:
Step-by-step explanation:
The key word is increase.
People who don't have a cell phone will bid the price up until some of the people wanting a cell drop out of the bidding. Then only those willing to pay a higher price will be left to buy the cell at a much higher price than was initially thought to be the right price.
Phew. Try reading that sentence a couple of times. It's right, but there should be an easier way to say it.
