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A consumer has $240 in monthly income to be spent on two goods Z and B. The price of good Z (P2) is $5.00. The
A consumer has $240 in monthly income to be spent on two goods Z and B. The price of good Z (P2) is $5.00. The Marginal Rate of Transformation (MRT) is equal to - 2. That is 2 units of good B can be traded for 1 unit of good Z. What is the price of good B?$ (round your answer to the nearest penny). How many units of good B can be purchased if all income is used for that good? units (round your answer to two decimal places)
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