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2. This is a follow up question for question 1. Plot the isocost line for Technology B, where this option is described as: 3. Technology

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2. This is a follow up question for question 1. Plot the isocost line for Technology B, where this option is described as: 3. Technology Number of workers Coal required (tonnes) Total cost ($) cost Wage = $10 cost of coal = $20 per ton option B 4 2 80 a. Using a graph, plot the isocost line going through technological option B. b. Next, consider a change in cost of inputs such that wage=$10 and cost of coal = $5 per tonne. Technological options A and B can are given as: Technology Number of workers Coal required (tonnes) Total cost ($) cost Wage = $10 cost of coal = $5 per ton optionB B 4 N 50

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