In this question, you need to compute the consumer's expected utility under different situations. You will need to approximate some of your answers, Suppose a consumer has incomo lu$100. If the consumer gets sick, he must go to the doctor. The cost of a visit to the doctor is $75. The consumers utility from Income is ui) The probability of getting sick depends on whether the consumer goes to the gym If the consumer goes to the gym, then he gets sick with probability 10% If the consumer does not go to the gym, then he gets tick with probability 90% The cost of going to the gym is $10 Computo the consumer's expected utility if he goes to go to the gym: E()* 6,5 Compute the consumer's expected Mility to chooses not to go to the gym:Ecu" 8.9 Now suppose that an insurance company offers to fully insure this consumer. The consumer pays a premium p=75 upfront. If the consumer pets sick, then the Insurance company fully pays for the doctor Compute the consumer's expected utility it ho purchases the insurance AND goes to the gym. Elu" 0.1 Finally, compute the consumer's expected ualty it he purchases the insurance AND dont NOT go to the gym. Eu = 90 This question describes an example of (select adverse selection or moral hazard)