The average revenue curve of a firm in a perfect market is the same as the
- supply curve of the firm
- average cost curve of the firm
-
demand curve of the firm
- total revenue curve of the firm
The correct answer is: C
Explanation
The average revenue curve of a firm in a perfect market is the same as the demand curve of the firm. This is because in a perfect market, the firm is a price taker, meaning that they cannot influence the market price. As a result, the firm's demand curve is also the market demand curve, and the average revenue curve is equal to the demand curve.