Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
-(Table: Total Utility of Income After College Expenses) Look at the table Total Utility of Income After College Expenses. The premium for a fair insurance policy to pay their daughter's tuition and eliminate the uncertainty in the Smith family's income after tuition would equal:

A) $12,000.
B) $10,000.
C) $8,000.
D) $5,000.