Consider a different aspect of insurance: deductibles. A deductible is an amount of a claim not covered by insurance. A deductible is a fixed portion of the accident cost that the insured person must pay in order to make a claim to their insurer (this is similar to a co-pay in which you must pay a portion of the medical costs in the case you get sick). For example, if I break my arm, I have to pay a $50 deductible to the insurance company in order to get them to cover the rest of my medical costs from the accident. Rosa has a 10% chance of getting sick in the next year. If she gets sick, her medical bills will amount to $500. She has an initial wealth of $1,000. Suppose she has the utility function U(w) = vw where w is her net wealth at the end of the year. (a) What is Rosa's certainty equivalent wealth? Suppose Rosa can purchase insurance. The insurance company provides two plans for Rosa to select from. Plan A has zero deductibles (good!) but charges a high premium (bad!). Specifically, Plan A charges $55 for $500 of coverage. Plan B has a deductible of $K, where K