Because a competitive firm's marginal revenue is equal to the market price, the competitive firm's demand curve, which is just a horizontal line at the market price, is also the firm's marginal revenue curve.ecause a competitive firm's marginal revenue is equal to the market price, the competitive firm's demand curve, which is just a horizontal line at the market price, is also the firm's marginal revenue curve.
Quick Answer. Natural gas is measured in cubic feet, cubic meters, British thermal units or joules, while gasoline is measured in gallons, British thermal units, joules or metric tons. The unit used to measure gas is dependent upon the situation in which the gas is being used.
NATURAL GAS. Natural Gas (NGAS) is a fossil fuel formed from plants and animals buried underground and exposed to extreme heat and pressure. Natural gas is used domestically for cooking, as a power source, in agriculture, and in industrial manufacturing. Natural gas prices fluctuate constantly depending mainly on production issues, stockpiles, weather conditions, economic growth, crude oil prices, and more recently coal.