Question 705015
SCQMEDIUM
The two graphs show the change in price of two commodities C1 and C2 over 8 weeks. Which of the following statements is correct?
(A)
C1 has higher fluctuation than C2
(B)
Average price of C1 is lower than that of C2
(C)
The largest change in a week is shown by C2
(D)
C1 shows a tendency of reduction
Detailed Solution
By observing the graph, the steepest slope (largest change) for C2 occurs between week 1 and 2 (from 85 to 65, change of 20) and between week 5 and 6 (from 63 to 78, change of 15). C1 shows a smaller maximum weekly change. Thus, statement 3 is correct.
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