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4. Firm's Costs Your cousin Vinnie owns a painting company with fixed costs of $200 and the following schedule for variable costs: Quantity Variable Cost

4. Firm's Costs Your cousin Vinnie owns a painting company with fixed costs of $200 and the following schedule for variable costs:

Quantity Variable Cost Average Fixed Cost Average Variable Cost Average Total Cost
(Houses Painted per Month) (Dollars) (Dollars) (Dollars) (Dollars)
1 10 200.00
2 20 100.00
3 40 66.67
4 80 50.00
5 160 40.00
6 320 33.33
7 640 28.57

The efficient scale is

houses.

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