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3. (6 marks) In the graph below, curves 1,2,3 and 4 represent the indifference curve. Use the graph to answer the following questions (a) (2

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3. (6 marks) In the graph below, curves 1,2,3 and 4 represent the indifference curve. Use the graph to answer the following questions (a) (2 marks) Can investors invest in point H? Why or why not, explain in one sentence. (b) (2 marks) Investor who wishes to invest in point G is less risk averse than the investor investing in point H. Is this statement true or false? Explain in one sentence. (c) (2 marks) What does point F represent? Discuss in 1-2 sentences

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