____ Sizes Are Always Given as the Outside Diameter

question 3

Multiple Choice

____ sizes are always given as the outside diameter.

• A) Sheet
• B) Plate
• C) Tubing
• D) Pipe

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Definitions:

William Sharpe

An economist who created the Sharpe Ratio, a measure to calculate risk-adjusted return.

SML (Security Market Line)

A line in the Capital Asset Pricing Model that shows the relationship between the expected return of a security and its risk.

Risk Averse

A tendency to prefer certainty over uncertain outcomes to minimize exposure to financial loss.

Market Equilibrium

A situation in a market where the quantity supplied equals the quantity demanded at a certain price level, resulting in no net shortage or surplus.