Complete questions attached.

85879 assignment
a) Here both parties have utility of income as U(i) = sqrt of I
From my point of view my expected value of return is
E(return) = 144000*0.6+64000*0.4 = 112000
If accepted my friends insurance my expected return = 100000
From my friends point of view
Expected value he receives = 0.6x – 0.4*36000
He would be indifferent if this equals 0
i.e. when x = 0.4*36000/0.6 = 24000
If x <24000 he would ot accept this at all.
Hence for x >24000 friend will be ready to provide with insurance.
b) From my point of view expected value is more if insurance is not taken. But if loss is there I may incur a loss of 36000 by not accepting the insurance.
Prob for this =36000*0.4 = 14400
So maximum amount I am ready to pay = 14400 only
Brown university introduced a new program so that students had to undertake2-3hours minicourses for development of personal and soft skills.
a) Under labour market signaling, potential employees try to sell their services by...