1 a what is utility in an economic senseb how do, Ask an Expert

Management Studies

1. a. What is "utility" in an economic sense?

b. How do indifference curves express the utility function of a person?

c. What does it mean that an investor is risk-averse?

2. a. How is the expected return of a portfolio calculated from the expected returns of the assets?

b. What other information is needed for this calculation?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M92034325

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