From the question stem, we have below information:
Each of the 5 blends is a combination of Coffee and Chicory. So, what does that mean? It means that some Coffee to Chicory ratio exists, in terms of weight, in each of the 5 blends.
Coffee proportion = k1 * price of the blend
Chicory proportion = k2 * strength of flavor
Now, pause for a moment, and think whether there is something we can infer from all the information given to us in the question stem.
Notice: Greater the strength of flavor, greater the proportion of Chicory in a blend - Greater the proportion of Chicory in a blend, lesser the proportion of Coffee in a blend - Lesser the proportion of coffee in a blend, lesser the price of a blend. So, clearly, there is an inverse logical relationship between the Coffee proportion and strength of flavor and direct logical relationship between Coffee proportion and price.
So, we have "Coffee proportion = K * (1/strength of flavor) * (price)"
OR
Coffee proportion = K * (price/strength of flavor)
Statement 1:
So, we have, as per this statement.
_ < _ <_ < L< M
Notice that we don't have any information on J, K, and N - either of the 3 can be in the middle at the 3rd spot. Hence, statement 1 is not sufficient.
Statement 2:
From the combined logical relationship we have inferred from the question stem, which is "Coffee proportion = K * (price/strength of flavor)", we can clearly see that J is greater in terms of price than both K and N because it is the least in terms of strength of flavor out of J, K and N, which means least Chicory proportion, which means most Coffee proportion out of J, K, and N, which means "most" price when compared to both K and N.
So, one possibility is this: K < N < J < L < M
Another possibility is this : M < L < K < N < J
So, we have one possibility where J is the middle term, and we have another possibility where J is not the middle term or K is the middle term. Also, there are multiple other arrangements possible. Hence, statement 2 is not sufficient as well.
Now, what do we finally have from question stem, statement 1, and statement 2?
"K < N < J < L < M" OR "K < N < J < L < M"
Either way, J will always be the middle term as per all the information we have from question stem, statement 1, and statement 2.
Final answer: C