Question: An individual with the utility function (x) = x owns her wealth of $20,000. An expected profit maximizing company (or risk neutral company) facing the

An individual with the utility function (x) = x owns her wealth of $20,000. An expected profit maximizing company (or risk neutral company) facing the individual can make expected profit greater than $ 19,900. True or False? Explain it. If it is true, show the offer to the individual that gives the company such a profit. If it is false, explain why the company cannot do it. The marks depend on your explanation

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