Demand is a schedule that shows
A) a set of possible prices for a good and the quantities of the good that will be purchased at each of those prices.
B) how much income it takes to afford various quantities of a good.
C) the relationship between the cost of producing a good and the price that sellers will charge.
D) how population changes will affect the amount of a good that is needed.

Question

Quizplus · Accepted Answer

Demand shows the relationship between the price of a good and the quantity of that good that will be purchased at each price. It is represented as a schedule or a curve.

Demand Is a Schedule That Shows