Stocks are units of ownership in a company. The stock market is a place where stocks are bought and sold. When you buy a stock, you own a part of the company. If the company's profits go up, the stock value goes up. If the profits fall, so does the value of the stock. Stock prices rise and fall every day. Last week, Isabelle bought stock in a toy company. Since then, the price of the stock had a change of - 3 dollars. What is the absolute value of - 3?

Question

Mathematics

Reese Hayden

10 April, 19:04

Stocks are units of ownership in a company. The stock market is a place where stocks are bought and sold. When you buy a stock, you own a part of the company. If the company's profits go up, the stock value goes up. If the profits fall, so does the value of the stock. Stock prices rise and fall every day. Last week, Isabelle bought stock in a toy company. Since then, the price of the stock had a change of - 3 dollars. What is the absolute value of - 3?

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Andreas Osborn · Answer 1

The absolute value is three.

Think of it like this. Whenever the absolute value is there, the number or expression inside, whether negative or positive takes a shower. When they are done showering, they are clean. The clean equals positive, all numbers after absolute value are positive so the answer is three.