Which best explains the purpose of a demand schedule?

A) show the level of demand at various prices

B) demonstrate how supply affects demand

C) indicate how supply and demand relate to price

D) calculate how much of a good consumers will use

Question

Maia Robbins

Geography

14 March, 14:09

Which best explains the purpose of a demand schedule?

A) show the level of demand at various prices

B) demonstrate how supply affects demand

C) indicate how supply and demand relate to price

D) calculate how much of a good consumers will use

+3

Answers (1)

Know the Answer?

Anthony Olson · Answer 1

Show the level of demand at various prices

Explanation:

The demand schedule consists of two column that can be used in the study of economics to show the quantity of goods or services demanded at different price levels. The price of the product is usually being placed on the first column in either a descending or ascending order. The amount of the goods desired at that price are placed on the second column.

Which best explains the purpose of a demand schedule?A) show the level of demand at various pricesB) demonstrate how supply affects demandC) indicate how supply and demand relate to priceD) calculate how much of a good consumers will use

Which best explains the purpose of a demand schedule?

A) show the level of demand at various prices

B) demonstrate how supply affects demand

C) indicate how supply and demand relate to price

D) calculate how much of a good consumers will use