Calculate the production costs required for the two types of technology to produce one unit of electricity. Which technology would the power plant choose?

Suppose the price of a unit of coal (Pc) is $50 and the price a unit of solar (P5) is $30. A representative power plant can use a mixture of coal and solar inputs to produce one unit of electricity. The power plant has two types of technologies available to them to produce one unit of electricity: Coal (C) Solar (5) Technology A 10 units 2 units Technology B 3 units 20 units Assume that the power plant uses no other inputs in its production process