Highest output aligns with highest price in the data

Steps:

• Identify the year with the highest world output of iron ore from the provided data.
• Locate the average yearly price for that same year.
• Compare this price to the prices in the other three years.
• Confirm if it is the highest price among all four years.

Why A is correct:

• The data shows the peak output year also has the peak price, indicating a direct positive correlation in this period per supply-demand principles.

Why the others are wrong:

• B: Data contradicts; highest output pairs with highest, not lowest, price.
• C: Data shows highest output with highest price, not lowest output with highest price.
• D: Data indicates highest, not lowest, output with highest price.

Final answer: A