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Author Question: The indifference curve between expected return and the standard deviation of return for a ... (Read 136 times)

genevieve1028

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The indifference curve between expected return and the standard deviation of return for a risk-averse investor
 
  A) is downward-sloping.
  B) is upward-sloping.
  C) is horizontal.
  D) is vertical.
  E) can take any shape.

Question 2

Which of the following is true concerning the substitution effect of a decrease in price?
 
  A) It will lead to an increase in consumption only for a normal good.
  B) It always will lead to an increase in consumption.
  C) It will lead to an increase in consumption only for an inferior good.
  D) It will lead to an increase in consumption only for a Giffen good.



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Benayers

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Answer to Question 1

B

Answer to Question 2

B




genevieve1028

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


covalentbond

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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