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?

Question
(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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