Assignment-06 Suppose that a manufacturer has a budget of $900 and wants to produce 50,000 units of pens. The table below illustrates the combination of both Capital and Labor to produce such quantity. Option Capital Labor A 10 2 B 7 3 C 5 4 D 3 5 E 2 6 F 1 8 Each unit of Capital of costs $100 Each of unit of labor costs $60 1- Draw the Isocost line starting using the given budget (Capital on the Y-axis, Labor on the X-axis). 2- Draw the isoquant line to represents the combination of capital and labor. 3- What is the tangency point that enable the manufacturer to produce the required quantity at the lowest cost possible