The choice of how much to produce depends on a variety of factors. One of the most important factors is the cost of production. Two very important components of the cost of production are resource (input) prices and technology. Using the line drawing tool, draw a new supply curve that illustrates changes in supply when the costs of production rise because resource prices have increased and available technology has made production more expensive. Be sure to table this line. Carefully follow the instructions above and only draw the required object.