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The Figure Below Shows the Demand (D) and Supply (S)

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The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4
The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4    -If the average costs of production decline with increases in output, then the larger a firm is, the lower its per unit costs will be.
-If the average costs of production decline with increases in output, then the larger a firm is, the lower its per unit costs will be.


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