class Product { public $name; public $price; public static function getNewInstance($name, $price) { $product = new self(); $product->name = $name; $product->price = $price; return $product; } } // create new product instances $product1 = Product::getNewInstance("Book", 10); $product2 = Product::getNewInstance("Phone", 500); // access product properties echo $product1->name . ' costs $' . $product1->price; echo $product2->name . ' costs $' . $product2->price;In this code, the Product class has a static method `getNewInstance` which takes two parameters `name` and `price`. It creates a new instance of the Product object and sets its `name` and `price` properties with the values passed as parameters. The method returns the new product instance. We then create two new instances of the product using the `getNewInstance` method and access their properties to print their names and prices. Based on this code, it is not clear which package or library this `Product` class belongs to. It seems to be a simple class that can be created for any PHP project.