A "demand schedule:"
A) shows how much a firm is willing to sell at a particular price.
B) is published regularly by the U.S. government and other governments.
C) is a table which shows the relationship between price and quantity demanded in a market.
D) is usually the same for all products.
E) Both B and C are true.

Question

Quizplus · Accepted Answer

A demand schedule is a table that shows the relationship between price and quantity demanded in a market. Therefore, option C accurately describes a demand schedule. Option A describes a supply schedule, not a demand schedule. Option B is not true because there is no regular publication of demand schedules by government agencies. Option D is false because different products have different demand schedules, based on factors such as their price, availability, and desirability. Option E is also false because while option C is true, option B is not.

A "Demand Schedule