The above figure shows Bob's utility function. He currently has $100 of wealth, but there is a 50% chance that it could all be stolen. What is the most Bob would pay for insurance that would replace his $100 should it be stolen?

A deadweight loss occurs when the market is functioning efficiently

Indicate whether the statement is true or false

Households receive transfers from ________ and firms receive transfers from ________

A) government; government B) firms; households C) government; government and households D) firms and government; government E) government; no one