Average Revenue of a Competitive Firm
{"Image DocumentName": "Average Revenue of a Competitive Firm", "Image ImageDescription": "If there is price discrimination, P is not necessarily equal to AR. In fact, if there is price discrimination there is no such thing as a market price. So, AR cannot be equal to the market price, because the latter does not exist. Average revenue is the revenue per unit sold. P = AR. This is simply because all units sold are sold at the same price.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}