Question

Day of the week. Price Change
Monday. +0.35
Tuesday. +0.45
Wednesday. -1.56
Thursday. -0.33

What does the 0 represent in this situation?
A. The price of the stock in the beginning of Monday.
B. The overall price change in the week,
C. The price of the stock in Friday.
D. The price of the stock in the end of Thursday,

Answer 1

@phi

Answer 2

any ideas ?

Answer 3

B?

Answer 4

are you saying if you add up those changes you get 0 ?

Answer 5

Well I thought that none of them made sense because we don't know the price for any of them yet. And the price change is the one that we are focusing on.

Answer 6

@phi

Answer 7

@agent0smith

Answer 8

I think by "the zero" they mean the starting price at the start of the week.

"the zero" does not mean the price is zero, it means the changes are relative to a starting point.

Answer 9

The question is asking about the zero in 0.35 and all the other numbers with the zeros in it.

Answer 10

based on the choices, it is not asking about the leading zero in for example 0.35

Answer 11

It is. I asked my teacher.

Answer 12

Let's think about it this way. At the end of Monday, the price change is +0.35

that means the price went up 0.35 above its starting price.
at the end of the week the total of the changes is -1.09

notice we have +0.35 Monday night and -1.09 on Thursday night.
what does the 0 (between those numbers) represent ?

Answer 13

I don't get it.

Answer 14

can you answer the question
we have +0.35 Monday night and -1.09 on Thursday night.
what does the 0 (between those numbers) represent ?

Answer 15

No

Answer 16

what does +0.35 at the end of Monday mean ?

Answer 17

I chose B. Now I wanna know if I am correct or incorrect.

Answer 18

Good Luck

Answer 19

I don't understand by what you mean good luck.

Answer 20

Sorry but your teacher misinformed you. zero is referring to the starting price at the beginning of the week. +0.35 on Monday means the price has increased by 0.35 or 35 cents from the day before.