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According to the graph, which of the following statements is CORRECT? a . Indifference curve 1 represents lower level of utility than indifference curve 4
According to the graph, which of the following statements is CORRECT?
a Indifference curve represents lower level of utility than indifference curve
b Portfolio D is a better choice than Portfolio due to its higher expected return.
c Portfolio is the optimal choice to this investor as it provides the highest expected retur
d Portfolio is a better choice than Portfolio due to its higher utility.
e None of the above option is correct.
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