If ABC Company Sells Its Product in a Competitive Market,then

Multiple Choice

If ABC Company sells its product in a competitive market,then

A) the price of that product depends on the quantity of the product that ABC Company produces and sells since ABC Company's demand curve is downward sloping.
B) ABC Company's total revenue must be proportional to its quantity of output.
C) ABC Company's total cost must be proportional to its quantity of output.
D) ABC Company's total revenue must be equal to its average revenue.