Use the following to answer question: 
-(Table: Workers and Output) Use Table: Workers and Output.After graduation,you achieve your dream of opening an art shop that specializes in selling mud statues.You pay $10 per day on a loan from your uncle,regardless of how much you produce.You also pay $10 per day to each of the workers who you hire to make the mud statues.The total cost of producing 48 statues is:
Definitions:
Economic Activity
Economic activity refers to the actions that involve the production, distribution, and consumption of goods and services in an economy.
Self-Interest
The motivation of individuals to pursue their own advantages or benefit.
Inflation
The acceleration in the average cost of living, evidenced by goods and services prices rising, and thereby lessening buying power.
Quantity of Money
The total monetary resources sum available in an economy at a particular point in time.
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