A convex function is one that lies below the line connecting points, as shown on the following graph (Osherovich, 2010): Image In formulas, a function f is convex if, for any sub(x,1),sub(x,2)andtbracket[ss](0,1)fbracket(sub(x,1)t+sub(x,2)bracket(1-t))tfbracket(sub(x,1))+bracket(1-t)f(sub(x,2)) Suppose that a utility function of monetary return is convex. What does that imply about the attitude toward risk