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The graph shows the average price of stock each year for 11 years please select each correct answer rest is in the picture

The graph shows the average price of stock each year for 11 years please select each-example-1
User Erdi Aker
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2 Answers

28 votes
28 votes

Answer:

.The price of the stock increased the first 3 years.

.The price of the stock never fell below its original value.

.The stock started to increase again between the 8th and 9th year.

Explanation:

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User Ivan Dimov
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25 votes
25 votes

Take into account that the original value $40 is the least value of the price of the stock. Then, the first statement is true.

You can notice that between year 8 and year 9 there is a minimum of the function and so, after this time, the price of the stock increases again.

Then, the third statement is true.

You can notice that for year 3, there is a maximum of the price, which means that before this time the price was increasing. Then, the fourth statement is true.

For year 11 the price of the stock is $150, and the price for the relative maximum is more than $140 but less than $150. Then, the fifth statement is true.

User Zhong
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