2.1 Your task Your client wants you to analyse the potential market for income insurance and report on the following: I What is the maximum price the company can charge a household for an income insurance policy? I What is the expected prot [or loss} for the company if it becomes a monopoly provider of income insurance? I Is there a risk that rival insurance companies will also enter the market, selling identical income insurance products? If so, what would he the expected prot of your client? [You should assume that any competitors would face the same costs as your client.)