问题如下:
With respect to utility theory, the most risk-averse investor will have an indifference curve with the:
选项:
A. most convexity.
B. smallest intercept value.
C. greatest slope coefficient.
解释:
C is correct.
The most risk-averse investor has the indifference curve with the greatest slope.
B为什么不对,或者说风险越厌恶截距如何变化?