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As a Firm Produces More and More Cds, the Average

Question 307
Multiple Choice

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 A) would be positively and then negatively-sloped. B) would be positively sloped. C) would be horizontal. D) would be negatively sloped.

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