Comparing the Consumer Discretionary sector (what people want, but do not need) to the Consumer Staples (what people need) sector you would expect to find that:

Answer choices:

a. They should have roughly the same beta

b. the Discretionary sector has a higher beta than the Staples sector

c. the Discretionary sector has a lower beta than the Staples sector

d. There is nothing to suggest one way or the other which is more risky