Because the DJIA weights stocks based on their relative prices,when a high priced stock moves a small amount on the DJIA,it has a(n)________ impact on the index.

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The Dow Jones Industrial Average (DJIA) is a price-weighted index, meaning stocks with higher prices have a greater impact on the index's movement. Therefore, when a high-priced stock moves, even by a small amount, it can have an inordinately large impact on the overall index.

Because the DJIA Weights Stocks Based on Their Relative Prices,when