Assuming that a valid price should be between 30 and 50, what does the following code snippet do? final int MIN_PRICE = 30; final int MAX_PRICE = 50; int price = 0; Scanner in = new Scanner(System. in); System. out. print("Please enter the price: "); price = in. nextInt(); if (price < MIN_PRICE) { System. out. println("Error: The price is too low."); } else if (price > MAX_PRICE) { System. out. println("Error: The price is too high."); } else { System. out. println("The price entered is in the valid price range."); } This code snippet ensures that the price value is between 30 and 50. This code snippet only ensures that the price value is greater than 30. This code snippet only ensures that the price value is less than 50. This code snippet ensures that the price value is either less than 30 or greater than 50.