3.6 Moral Hazard An insurance company and an agent signed for the insurance contract of reducing the hospital cost from 10 to 6. A demand for the agent for the hospital service is P = 12 - q. Find out 1) quantity demanded for the agent before and after the insurance contract, 2) Consumer surplus before and after the contract, and 3) the monetary amount that the insurance company has to pay to cover the medical cost. Assuming that 3) is the premium that the agent has to pay when she signs for the contract, argue whether she would like to sign for the contract