The table below contains information about the production and costs of a firm. The price faced by the firm in a perfectly competitive market is $45 per unit. The average variable cost of production when the firm produces 4 units of output is? Total Total Variable Marginal Average | Average Output Fixed Costs Variable Fixed Costs Costs Costs Costs 0 20.00 20.00 40.00 20.00 20.00 35.00 10.00 3 20.00 20.00 6.67 4 20.00 22.00 5.00 5 20.00 26.00 4.00 6 20.00 31.00 3.33 20.00 38.00 2.86 8 20.00 48.00 2.50 9 20.00 60.00 2.22 10 20.00 76.00 2.00 Select one: O a. $39.60 O b. $37.50 O c. $31.67 O d. $32.50 O e. $35.56 Of. $30.29 O g. $40.00 O h. $29.25