Convex preferences imply that consumers derive greater satisfaction from a mix of goods rather than from consuming extreme amounts of one good over another. This is because, in the context of utility, combining two different bundles of goods typically leads to higher overall utility than consuming one of those bundles exclusively. As such, individuals prefer averages or balanced combinations, reflecting a diminishing marginal rate of substitution, where the willingness to trade one good for another decreases as one consumes more of one good. Thus, convex preferences encourage diversification and moderation in consumption.
The difference is that an efficient portfolio is one that offers the lowest risk for the greatest return or vice versa. An optimal portfolio is one that is preferred by investors because it is tailored specifically to the individual's risk preferences.
to find the mean of a set of numbers you have to find the total sum of the data divided by the number of addends in the data.
In order to find my favorite radio station, I had to find the right frequency.
how to find antilog(20/2) answer
A function is homothetic if it can be transformed into another function by scaling both the input and output variables by the same factor. This can be demonstrated by showing that the function's shape remains the same when both variables are scaled proportionally.
A homothetic function is a type of function that exhibits scaling properties, meaning that it maintains its shape when scaled up or down by a constant factor. In other words, the function's behavior remains consistent regardless of the scale at which it is observed.
where do i find preferences on AOL 9.6
control panel
Log into your PayPal account and click on "Auction tools or preferences" under the profile.If you mean an eBay sample invoice, you need to go to your preferences, seller preferences.
You can find a personalized checkers set that can be customized to your preferences online on websites like Etsy or Amazon, where you can choose the design, colors, and materials for your set.
You can go to apartments.com and type in your location and preferences.
help people maintain their activities
help people maintain their activities
System Preferences > Network > Built-in Ethernet > Router
find out an idividuals communications and language needs ,wishes and preferences
In preferences find "SHORTCUTS"