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The following problem I need to answer the Average fixed, average variable and average total cost as well as the question at the bottom for

The following problem I need to answer the Average fixed, average variable and average total cost as well as the question at the bottom for the efficient scale.

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 ?

2 20 ?

3 40 ?

4 80 ?

5 160 ?

6 320 ?

7 640 ?

The efficient scale is ? houses

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