4. Suppose that you are now an insurance salesperson. You want to make some profit but don't want to try to tailor insurance contracts for different people. - Create one, unfair contract for $65,000. Does this a) helps both people; b) have the same premium, and c) makes you money? - What are the new income and utility levels for each person now that they are insured with a full but unfair contract? Clearly show how you worked this out. - Create a new dot indicating where this puts each person on their graphs (i.e. vs. the uninsured and fully insured locations). - Are both still better off than being uninsured? - Which person is losing the most for this equal contract? Does this help the relatively health or unhealthy person? - Create a new dot indicating where this puts each person on their graphs (i.e, vs. the uninsured and fully insured locations)