The horizontal asymptote of an exponential decay function is usually located at \( y = 0 \), since as the value of \( x \) approaches infinity, the output of the function approaches but never actually reaches zero.
Without seeing the specific graph, if the solid curve corresponds to an exponential decay function, it typically approaches \( y = 0 \) as \( x \) increases.
Therefore, the correct response would likely be:
The horizontal asymptote is at \( y = 0 \).