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Exercise 3: TakeItOrLeavelt Offers Suppose Jingfeng has the same individual demand curve as Justine [from Exercise 2)' Jingfeng is offered a takeitorleaveit deal of the following type: After paying a lumpsum fee of F : 96300: 000, he will he allowed to purchase as many units of the good as he desires at a price of p : $50 per unit.1 If he rejects the offer, he will not pay the fee and will not be able to purchase the good. 1. Does Jingfeng accept this offer? 2. Find the highest lumpsum fee at which Jingfeng would be willing to accept the offer. That is, call the lumpsum fee F (instead of using the numerical value $3003000) and determine the maximum number for F such that J ingfeng does not reject the offer