Problem
Buffalo Bill has a potato chip company, Buffalo's chips. He is currently losing money on every bag of chips he sells. Mrs. Bill, who has just completed an economics class, tells Buffalo Bill he could make a profit if he adds more machines and produces more chips. How could this be possible? What is Mrs. Bill assuming about the output range in which Buffalo Bill is currently producing?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.