Your cousin Vinnie owns a painting company with fixed costs of $200 and the following schedule for variable costs:
Quantity of houses painted per month:
1 2 3 4 5 6 7 8
Variable costs:
$10 $20 $40 $80 $160 $320 $640
Calculate average fixed cost, average variable cost, and average total cost for each quantity. What is the efficient scale of the painting company?