Since she was the last to bid, she could have guessed $1051, expanding her range by almost $100 (any price from $1051 to $1199 would have made her a winner), with no downside. She therefore could only win if the actual price was between $1,150 and $1,200. There had already been one bid for $1,200 and another for $1,050. In one instance, when Margie was the last contestant to bid, she guessed the retail price of an oven was $1,150.
