In 4th class of risk and return of portfolio
Statement : Indifference curve of risk and return is convex to origin
And its convex because law of diminishing marginal utilitiy of wealth , so plz explain this as i m a science student so if someone dig this part more it really helps me alot in the above statement….
Thankyou..
Hello,
Please refer to this part of core reading…the same is explained very beautifully there.