Practicing Success
Practicing Success
CUET Preparation Today
| Demand curve and average revenue curve is the same in |
Monopoly Monopolistic competition Perfect competition All market forms |
| All market forms |
| In any type of market, demand curve is the same as average revenue curve. Demand curve shows different combinations of price and quantity and average revenue curve shows average revenue at different combinations of average revenue and quantity. Average revenue is nothing but the price only. So, average revenue curve and demand curve essentially depict the same thing. |
