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4. Firm's Costs Your cousin Vinnie owns a painting company with fixed costs of $250 and the following schedule for variable costs: Quantity (Houses Painted

4. Firm's Costs

Your cousin Vinnie owns a painting company with fixed costs of $250 and the following schedule for variable costs:

Quantity

(Houses Painted per Month)

Variable Cost

(Dollars)

Average Fixed Cost

(Dollars)

Average Variable Cost

(Dollars)

Average Total Cost

(Dollars)

1 8
2 20
3 50
4 160
5 320
6 500
7 720

The efficient scale is ___________ houses.

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