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Taya2010 [7]
2 years ago
7

A demand schedule illustrates the relationship between price and quantity in the format of a(n) ______.

Business
1 answer:
dmitriy555 [2]2 years ago
7 0

A demand schedule illustrates the relationship between price and quantity in the format of a table.

A demand schedule generally consists of two columns. The first column shows the price of a product in ascending and descending order. The second column shows the quantity of the product which is desired or demanded at that price.

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

To know more about demand schedule here:

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