[Solved] For a firm operating in a competitive industry, which of the following statements is not correct? A)Price equals average revenue. B)Price equals marginal revenue. C)Total revenue is constant. D)Marginal revenue is constant. World Wide Fund: An international non-governmental organization working on issues regarding the conservation, research, and restoration of the environment, commonly known by its initials WWF. Fear: An unpleasant emotion caused by the belief that someone or something is dangerous, likely to cause pain, or a threat. Reminder: A communication tool used to prompt or encourage an audience to remember and consider a product, service, event, or message. Sex Appeals: The use of sexually suggestive or erotic imagery in advertising to draw interest to a product or service, often provoking emotional responses from the audience.