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Question 16(Multiple Choice Worth 2 points) (01 06 HC) Below is the marginal utility that Chris gains from purchasing oil paints and canvases for his painting hobby. Units of Oil Paints Marginal Utility of Oil Paints Units of Canvases |Marginal Utility of Canvases 10 25 7.5 N 20 3 5 3 15 2.5 10 5 5 5 Chris has $35 and spends it all on paints and canvases. If oil paints are $2.50 per unit and canvases are $25 per unit, Chris will maximize his utility by buying which of the following combinations of paints and canvases? 1 canvas and 1 paint O 1 canvas and 3 paints O 1 canvas and 4 paints 2 canvases and 0 paints 2 canvases and 1 paint