How to do the question?

B1. The following table gives a numerical example of values concerning a Tort case. Table 1 Let A = 200. The potential injurer is the only agent who can take care. Level of care Total cost of Probability of Expected loss Total social cost care accident Y cy Probly) Prob(y)A cy + Prob(y)A None 0 25% 50 50 Low 4 15% 30 34 Medium 8 7% 14 22 High 12 5% 10 32 a) What does A stand for in this table? b) Why is it important that we consider the potential injurer rather than the actual injurer in evaluating the implications of these numbers? c) What is economic assumption explains the rate of change in the value of Prob(y) as y increases? d) True or False: The socially efficient level of care is always the highest level possible. Explain your answer with reference to both the table above and the general economic theory behind it