Note AcademyNote Academy

Economics · May / June 2022 · Paper 11 · Question 8

2281Price determination

The table shows the world output of iron ore and the average yearly price for four years. What can be concluded about the relationship between world output of iron ore and the average yearly price over the four years?

  1. Ahighest / highest
  2. Bhighest / lowest
  3. Clowest / highest
  4. Dlowest / lowest

As printed in the paper

Show the answer

Correct answer: A. highest / highest

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.