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C Adapted from Besanko and Brautigam Consider a market of risk-averse decision makers, each with a utility function U = wJ. Each decision maker has an income of $90,000, but faces the possibility of a catastrophic loss of $50,000 in income (in the case of loss, the individual is left with $40,000). Each decision maker can purchase an insurance policy that fully compensates her for her loss. This insurance policy has a cost of $5,900. Suppose each decision maker has a different probability 0