Answer:
Sensory neurons are cells within the nervous system responsible for converting external stimuli from the organisms environment into internal impulses.
What book is this ? you can find the answer in the text
Other things held constant, if the expected inflation rate DECREASES, and investors also become MORE risk averse, the Security Market Line would shift in<u> have a steeper slope </u>manner.
<h3>What is the Security Market Line (SML)?</h3>
The security market line (SML) is the Capital Asset Pricing Model (CAPM). It gives the market’s expected return at different levels of systematic or market risk. It is also called the ‘characteristic line’ where the x-axis represents the asset’s beta or risk, and the y-axis represents the expected return.
<u>Security Market Line Equation</u>
The Equation is as follows:
SML: E(Ri) = Rf + βi [E(RM) – Rf]
In the above security market line formula:
- E(Ri) is the expected return on the security.
- Rf is the risk-free rate and represents the y-intercept of the SML.
- βi is a non-diversifiable or systematic risk. It is the most crucial factor in SML. We will discuss this in detail in this article.
- E(RM) is expected to return on market portfolio M.
- E(RM) – Rf is known as Market Risk Premium.
<u>Characteristics of the Security Market Line (SML) are as below:</u>
- SML is a good representation of investment opportunity cost, which combines the risk-free asset and the market portfolio.
- Zero-beta security or zero-beta portfolio has an expected return on the portfolio, which is equal to the risk-free rate.
- The slope of the Security Market Line is determined by the market risk premium, which is: (E(RM) – Rf). Higher the market risk premium steeper the slope and vice-versa
- All the assets which are correctly priced are represented on SML.
- The assets above the SML are undervalued as they give a higher expected return for a given amount of risk.
- The assets below the SML are overvalued as they have lower expected returns for the same amount of risk.
Therefore, we can conclude that the correct option is A.
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Horses, Cows, and Pigs.
Maize and Potatoes
Answer:
These are the options for the question:
a. Consumer network
b. Consumer advocacy
c. Consumer culture
d. Consumer awareness
e. Consumer base
And this is the correct answer:
c. Consumer culture
Explanation:
Consumer culture explains the way consumers spends their income on goods and services according to price, need, and preferences.
In advanced nations, consumer culture is a defining aspect of society because these economics are mostly based on private consumption.
Because in advanced nations, incomes tend to be higher, people do not always buy something because it is cheap, or because they need it to stay alive (for example, food).
In fact, in these countries, people often buy products out of pure desire, in order to gratify themselves, and satisfy a need of higher order (the need for status, the need for social acceptance, or the need for self-actualization).