Question

    A table indicating various levels of demand at various

    prices is termed as
    A demand chart Correct Answer Incorrect Answer
    B demand schedule Correct Answer Incorrect Answer
    C demand table Correct Answer Incorrect Answer
    D price table Correct Answer Incorrect Answer

    Solution

    In economics, a demand schedule is a table that shows the quantity demanded of a good or service at different price levels. A demand schedule can be graphed as a continuous demand curve on a chart where the Y-axis represents price and the X-axis represents quantity.

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