In economics , what is the term used to describe a table that shows the quantity of a good that buyers are willing and able to purchase at various prices? Price schedule Supply schedule Demand schedule

Question

In economics , what is the term used to describe a table that shows the quantity of a good that buyers are willing and able to purchase at various prices? Price schedule Supply schedule Demand schedule

Answer 1

The correct answer is: Demand schedule.In economics, a demand schedule is a table that shows the quantity of a good that buyers are willing and able to purchase at various prices. It represents the relationship between the price of a good and the quantity demanded, holding all other factors constant. The demand schedule is used to illustrate the law of demand, which states that, all else being equal, as the price of a good increases, the quantity demanded decreases, and vice versa.

Вопрос

In economics , what is the term used to describe a table that shows the quantity of a good that buyers are willing and able to purchase at various prices? Price schedule Supply schedule Demand schedule

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