Anita bought a new scooter for $500. She is deciding whether she should insure her scooter against theft. She has recently read in the news that one out of 10 scooters are stolen in her town. She can buy scooter theft insurance at the price of 12 cents per $1 of insurance. How much insurance will Anita buy if her utility function is U(C) = 2C + 100?

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