As a firm produces more and more CDs the average cost of pro

As a firm produces more and more CDs, the average cost of producing each CD falls. A curve showing the behavior of the average cost of a CD as more CDs are produced would be positively and then negatively-sloped would be positively sloped. would be horizontal. would be negatively sloped.

Solution

It will be negatively sloped. As graph of a falling data is negatively sloped

 As a firm produces more and more CDs, the average cost of producing each CD falls. A curve showing the behavior of the average cost of a CD as more CDs are pro

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