A utility-maximising consumer uses all of his disposable income of $40 on food and clothing. The table gives the price of food, the amount bought by the consumer, and the marginal utility he gains from consuming food. His marginal utility from clothing is 2 units. What is the price per unit of clothing and the quantity bought by the consumer?
- Aprice $0.5, quantity 30
- Bprice $1.0, quantity 15
- Cprice $3.0, quantity 5
- Dprice $5.0, quantity 3