Consider the diagram at right, which applies to a perfectly competitive firm, which at present faces a market clearing price of $20 per unit and produces 10,000 units of output per week.

Question

Part 2
What is the firm's current average revenue per unit?

Answer 1

Consider the diagram at​ right, which applies to a perfectly competitive​ firm, which at present faces a market clearing price of​ $20 per unit and produces​ 10,000 units of output per week.