So you can think of it, if we were to just think of it as a straight line that we were going across, essentially what we're saying is that we're getting from point a to point c without ever getting through point b.
你们可以来想想看,如我我们把它想成是一条直线,我们要沿着这条线经过,这就是说我们要从a点,不经过b点而到c点。
The budget constraint is a straight line through this point with a slope of .
这个预算限制在这幅图上是一条,是一条经过该点并以为斜率的直线
One question is this: Is it really true that in order to think about the perfectly straight, I must have somehow, somewhere at some point come up against, had direct knowledge of, the perfectly straight?
一个问题是,难道真的说,为了想象一条完美的直线,我必须,在某处直接碰到,并直接了解一条完美的直线吗
That's a choice, and that choice turns out to be very interesting and really important, because if you connect these two points together, you get a straight line that has to intercept the x-axis at some point.
在这一选择下,我们会发现一件非常有趣,而且极其重要的事,当你把这两点用直线连接起来,你会发现这条直线,将与x轴在某点相交。
Tangent means that it has the same slope, it just touches the efficient portfolio frontier for risky assets at one point, and the slope of the efficient portfolio frontier, including the riskless asset, is a straight line that goes through the tangency point, here.
相切意味着斜率相同,它与包含风险资产的有效边界,交与一点,而包含无风险资产的,有效边界,则是一条过切点的直线,切点在这里。
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