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.
Alberta Energy published a monthly Alberta Average Market Price (AMP) for natural gas/residue gas. The AMP is given in units of $/1000 3 and $/GJ. The AMP in $/1000 m 3 is used in the royalty rate formula to calculate the Crown's royalty volumes.The AMP in $/GJ is used in the valuation price test.he Government of Alberta provides rebates to consumers of natural gas as natural gas prices reach record levels. Later in the year, the Natural Gas Price Protection Act was implemented, setting out a formal structure for natural gas rebates in Alberta.