10. Consider the following setting of bilateral precaution. Bicyclists who ride at night can reduce the risk of getting hit by a car by wearing reective vests. Drivers can reduce the risk of hitting a bicyclist by installing HID (High Intensity Discharge) headlights, which are brighter than normal headlights. Imagine that there is only one driver and one bicyclist, and the likelihood of an accident is as follows: Injurer Precaution Normal HID Headlights Headlights Victim Precaution The damage done to the bicyclist by an accident is $1,000, and compensation is perfect. Reective vests cost $15, and HID bulbs cost $30. There is no insurance - drivers bear their own liability costs. The efcient level of precaution requires Answer choices A. No vest and no HID lights B. Vest and no HID lights C. No vest and HID lights D. Both vest and HID lights