Gina is driving cross country. She worries about getting a flat tire, and is deciding whether to buy a spare tire to keep in her trunk. She believes there's a 10% chance she'll get a flat tire on her trip. If she does get a flat and doesn't have a spare tire, she has to call a tow trunk that costs $500. She assessed the cost of changing the tire herself, and decides that if she choses to buy a spare tire and change the tire herself, the hassle associated is $X.. She considers herself risk neutral over the range of prospects. Consider the following statements and answer whether they are true or false. I. If X is $0, the most she should pay for a tire is $50. II. If X is $10, the most she should pay for a tire is $40. Gina is driving cross country. She worries about getting a flat tire, and is deciding whether to buy a spare tire to keep in her trunk. She believes there's a 10% chance she'll get a flat tire on her trip. If she does get a flat and doesn't have a spare tire, she has to call a tow trunk that costs $500. She assessed the cost of changing the tire herself, and decides that if she choses to buy a spare tire and change the tire herself, the hassle associated is $X.. She considers herself risk neutral over the range of prospects. Consider the following statements and answer whether they are true or false. I. If X is $0, the most she should pay for a tire is $50. II. If X is $10, the most she should pay for a tire is $40