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Author Question: The indifference curve between expected return and the standard deviation of return for a ... (Read 90 times)

genevieve1028

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on: Jul 1, 2018
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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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


genevieve1028

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Reply 2 on: Jul 1, 2018
Excellent

meow1234

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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