Multiple Choice
A manager's utility function is identified to be a concave curve.Which of the following investment opportunities is likely to be chosen by him?
A) investment in a real estate company that promises attractive returns
B) venture capital to a small business, administered by a group of young entrepreneurs
C) a bond issued by the federal government that offers guaranteed interest of 2 percent
D) investing in a large corporation that is planning to extend its business overseas
Correct Answer:
Verified
Correct Answer:
Verified
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