The relationship between wavelength, speed and frequency of a wave is given by

where

is the wavelength
v the speed
f the frequency
For the first wave, we can write

while for the second wave

where v is the same for two waves, since they have same speed. The first wave has twice the frequency of the second, so

So we can rewrite the wavelength of the first wave as

which means that the correct answer is
3. the first has half the wavelength of the second