QUESTION 6 Martine is trying to decide whether or not to take out private health insurance. There are many companies on the market and she is unsure which one is the best one for her. Martine is both risk-averse and very busy so she doesn't want to spend a great deal of time looking. Which of the following statements is true? Martine would be happy to accept an insurer if their policy represented a fair or worse than fair gamble. If the costs of insurance are $250 annually and there is a 45% percent chance Martine will require a $2500 surgery in the next four years, she should take out the policy. Assume there is no excess (that is, the insurance company will pay the entire fee). Martine should only look at a few insurers given how busy she is. Martine should only look until she finds the first insurer whose policy represents a fair gamble. Martine should only look at policies when the marginal benefits are far greater than the marginal costs as she is so busy. QUESTION 7