Question: a. Draw three utility functions, each on a separate graph: risk-averse, risk-neutral, and risk-loving. Draw on paper and upload a picture/scan. b. Assuming mean-variance utility,

a. Draw three utility functions, each on a separate graph: risk-averse, risk-neutral, and risk-loving. Draw on paper and upload a picture/scan.

b. Assuming mean-variance utility, graphically explain utility maximization using indifference curves and the mean-variance frontier. Draw on paper and upload a picture/scan.

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