Draw average revenue curve of a firm under perfect competition.

Why is the average revenue curve of a firm under perfect competition parallel to X-axis and negativ sloped under monopoly?

Draw a demand curves of a firm under perfect competition. Explain why does it assume such a shape.

Draw and compare demand curves of a firm under perfect competition, monopoly and monopolistic competition.

Draw AR and MR curves of a firm under perfect competition and under monopoly.

Draw AR curve under perfect competition.

Distinguish between behaviour of average revenue of a firm under monopolistic competition and perfect competition. Use diagram.

Drae average revenue curve of a firm under (i) monopoly and (ii) perfect competition. Explain the difference in these curves, if any.

Draw AR curves of a firm under perfect competiton and monopoly.