Figure 19.3.1 -Refer to Figure 19.3.1 Above. in This Diagram of an of an Overconfident

Figure 19.3.1
-Refer to Figure 19.3.1 above. In this diagram of an overconfident investor, the utility-maximizing investment portfolio is:

A) at the tangency of U₁ and the actual budget line.
B) at the tangency of U₁ and the perceived budget line.
C) at the tangency of U₂ and the perceived budget line.
D) at R' on the actual budget line.