need help with this questions. tyty

Jolene has two pieces of jewellery, each worth $1,000. She wants to send them to her sister Shelley, who lives in Toronto. Although Jolene can send them at free of charge, she is concerned about the safety of shipping them. She believes that the probability that the jewellery won't arrive at the destination is 0.1. J olene's attitude toward risk can be described by a utility function, u(M )= VM , where M is measured by the value of the jewellery. a) Suppose that in the event a single shipment is lost, this event would be independent of the outcome of any other shipment. Should Jolene send the two pieces of jewellery together or separately? Explain your answer. Suppose now Andrew, who is risk neutral, proposed Jolene the following arrangement: if Jolene pays Andrew P, then in the event that the shipment is lost, he will pay her its full value; and if the shipment arrives safely, he will pay her nothing. b) Do both Jolene and Andrew gain from this arrangement? Does it make a difference if Jolene sent the jewellery together or separately? Explain your