When the value of ZGZ Electronics stock rose 3 points, the change was represented online as 3 points.

Question

The next day, the change in value of the stock was represented as
–
1 point. Which of these describes the change in the stock's value?

it fell 1 point

lt neither rose nor fell

it rose 1 point

Answer 1

To analyze the changes in ZGZ Electronics stock:

• On the first day, the stock rose by 3 points.
• The next day, the stock changed by –1 point.

To determine the overall change in stock value, we can combine the changes:

1. First day change: +3 points
2. Second day change: -1 point

Overall change = 3 points - 1 point = 2 points

This means that the stock value increased by 2 points overall.

In the context of the options provided, the direct effect of the second day's change (–1 point) indicates that the stock fell by 1 point from the previous day's closing value. Thus, the appropriate description for just the second day's change is:

It fell 1 point.