For a perfectly competitive firm with no market control, the marginal revenue curve is a horizontal line. Because a perfectly competitive firm is a price taker and faces a horizontal demand curve, its marginal revenue curve is also horizontal and coincides with its average revenue (and demand) curve.Yes-what you must remember is that a firm's demand curve in perfect competition is its average revenue curve.Average revenue = price x quantity / quantity = price. The demand curve shows the quantity demanded at varying prices and this is exactly what the average revenue curve will do. Answer   Because for a perfectly competetive firm since the demand curve is perfectly elastic even a slightest price change doesnt add any further demand..so there â¦ is no change in marinal revenue also.Since revenue is demand multiplied with cost of unit..the two curves are same. + 1 other found this useful.
Natural gas can be measured in a variety of ways, although the most common unit of measurement is the Gigajoule (GJ), which signifies one billion joules, the metric measure for heat or energy. Other measures are Mcf (thousand cubic feet) and Btu (British Thermal Unit).
Natural gas is one of the cleanest, safest, and most useful forms of energy in our day-to-day lives. Natural gas is a hydrocarbon, which means it is made up of compounds of hydrogen and carbon.The simplest hydrocarbon is methane; it contains one carbon atom and four hydrogen atoms.Natural gas can be found by itself or in association with oil.lberta s non-conventional natural gas potential includes coal bed methane (CBM), also known as natural gas in coal. The volume of this natural gas source, which is found in coal seams, is estimated to be about 500 Tcf of gas-in-place.