George would like to be financially protected from unexpected malfunctions and maintenance costs associated with his new dishwasher, but not so strongly that he is willing to pay $50 per month for an insurance policy. in george's case,
he is indifferent between purchasing insurance and not
the perceived benefit of the policy is greater than the cost
c. the cost of the policy exceeds george's perceived benefit
the cost of the policy is less than george's perceived benefit
c is correct