Economics A-Level
Revenue curves
What Revenue curves means in Economics A-Level, as defined for AQA.
Definitions of Revenue curves
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Reference: AQA
Curves showing average revenue and marginal revenue, identical and horizontal at the market price for a perfectly competitive firm, and total revenue as an upward-sloping straight line from the origin.
Include the average revenue curve, which is the firm's demand curve in all market structures, whether horizontal or downward-sloping.
Topics that use Revenue curves
- Marginal, average and total revenue (AQA A-Level)
Related terms
- Average revenue
- Graphical analysis
- Marginal revenue
- Market structures
- Price elasticity of demand
- Profit maximisation
- Revenue maximisation
- Total revenue
Using Revenue curves in the exam
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