Buffalo Aircraft doubles the amount of all the inputs it uses-the factory doubles in size and twice as many workers are hired. After this expansion, the number of aircraft produced triples. This means that Buffalo Aircraft is experiencing:
a. increasing marginal cost.
b. economies of scale.
c. increasing average total cost.
d. decreasing the average variable cost.
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Home » Business » Buffalo Aircraft doubles the amount of all the inputs it uses-the factory doubles in size and twice as many workers are hired. After this expansion, the number of aircraft produced triples. This means that Buffalo Aircraft is experiencing: a.