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.
Liquefied natural gas, or LNG, is natural gas in its liquid form. LNG is produced by purifying natural gas and super-cooling it to -260Â°F to turn it into a liquid. During the process known as liquefaction, natural gas is cooled below its boiling point, removing most of the compounds found in the fuel.