Suppose there is a firm that can do absolutely perfect market research: they can say for sure whether the restaurant will succeed or not (a little unrealistic but the point will be the same). If they are employed to do the research with probability 0.? they will say the restaurant will succeed (restaurant will succeed with probability 1) and probability 0.3 they will say it will fail (restaurant will succeed with probability 0). h. Suppose they provide Anna and Bob with their research. If they say the restaurant will succeed what will each person do (set up restaurant or not) if they are told the restaurant will succeed? [2pts] Anna: Bob: How about if they are told it will fail? [2pts] Anna: Bob: Find the expected wealth of Anna given she has access to this research (and behaves optimally regarding the setting up of the restaurant)? [1pt] Find the expected utility of Bob given he has access to this research and makes optimal decisions about setting up the company? [1pt] Suppose the research company charges S200 000 for the research. Say whether each person would want to buy the research or not and whether they would set up the restaurant (which will depend on their decision to buy the research or not). [4pts] Anna buys research: Yes/No Anna sets up restaurant: Yes/No Bob buys research: Yes/No Bob sets up restaurant: Yes/No m. Keeping everything else equal, who values information more: a risk- averse person or a risk-neutral person? (The answer is implied by your previous answers.) llotl