In the mean-standard deviation graph an indifference curve has a ________ slope.
A)negative
B)zero
C)positive
D)northeast
E)cannot be determined

Question

Quizplus · Accepted Answer

In the mean-standard deviation graph, an indifference curve has a positive slope. This is because as one moves along the indifference curve, the increase in standard deviation is offset by an increase in mean return, resulting in the same level of utility. Therefore, the indifference curve slopes upward and to the right.

In the Mean-Standard Deviation Graph an Indifference Curve Has a ________