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Now suppose that both consumers A and B misperceive the risk of an accident to be .001, but the firm correctly perceives the risk of an accident to...

Now suppose that both consumers A and B misperceive the risk of an accident to be .001, but the firm correctly perceives the risk of an accident to be .01.

  1. What is the perceived net benefit of consumption to consumer A under no liability? (Please enter a whole number.) 
  2. What is the perceived net benefit of consumption to consumer B under no liability? (Enter a whole number.) 
  3. What is the price of the product under a rule of no liability? (Enter a whole number.) 
  4. What is the perceived net benefit of consumption to consumer A under strict liability? (Enter a whole number.) 
  5. What is the perceived net benefit of consumption to consumer B under strict liability? (Enter a whole number.) 
  6. What is the price of the product under a rule of strict liability? (Enter a whole number.)

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