Question: Suppose that consumption when it's sunny and consumption when there's a hurricane are perfect complements. The investor's indifference curves are L-shaped and the corner of

Suppose that consumption when it's sunny and consumption when there's a hurricane are perfect complements. The investor's indifference curves are L-shaped and the corner of each L lies on the 45-degree line. Using graphs, explain why these assumptions imply an unwillingness to take any risks.

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