over the course of 4 days the price of stock at ACME corporation fell $28. what was the average change in stock price per day?
For this case, what we must do is divide the total price of the shares that fell between the number of days.
We have then:
\(R =\frac{28}{4}\)
Making the corresponding calculation we have:
\(R = 7\frac{Dollars}{Day}\)
Therefore, the daily rate of change is $ 7 per day.
Answer:
the average change in stock price per day is $ 7 per day.