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Steve is less risk-averse than Edie. On a graph that shows Steve and Edie's indifference curves, which of the following is true? Assume that the

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Steve is less risk-averse than Edie. On a graph that shows Steve and Edie's indifference curves, which of the following is true? Assume that the graph shows expected return on the vertical axis and standard deviation on the horizontal axis. 1) Steve and Edie's indifference curves might intersect. II) Steve's indifference curves will have steeper slopes than Edie's. III) Both Steve's and Eddie's indifference curves will be downward sloping. O I and v I and III III and IV I and II O II and IV

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