Instructions

Answer these questions based on the data given in the table below. The table shows the trends in the relative value in the market of select groups of commodities (1999 - 2003):

Question 92

For which commodities is there a clearly discernible trend of decreasing relative value between 1999 - 2003?

Solution

From the given data values, we can see that Gas and vegetables show a clearly increasing trend from 1999 to 2003 irrespective of the fluctuations in between.
Fruits show a relatively flat trend in prices.
A very clear fall can be seen in cereals, milk, fats and oils as the values that they start with in 1999 are substantially larger than their values in 2003.

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MAT 2003 Question Paper

For which commodities is there a clearly discernible trend of decreasing relative value between 1999 - 2003?

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