Multiple Choice
Use the following to answer question:
-(Table: Workers and Art Output) Look at the table Workers and Art Output. Suppose you achieve your dream of opening an art studio specializing in selling mud statues. You pay $10 in fixed costs for equipment and $9 per day to each of your workers who make the mud statues. The industry is perfectly competitive, with a current market price of $1. How many statues should you produce?
A) 25
B) 35
C) 43
D) 48
Correct Answer:

Verified
Correct Answer:
Verified
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