Question

The demand schedule for a good: Group of answer choices indicates the quantity that people will buy at the prevailing price. indicates the quantities that suppliers will sell at various market prices. is determined primarily by the cost of producing the good. indicates the quantities that will be purchased at alternative market prices.

Answer 1

Answer:

indicates the quantities that will be purchased at alternative market prices.

Explanation:

The demand schedule is a tabular description of the quantities of goods that would be purchased by consumers at different prices. The higher the price, the lower the quantities demanded and the lower the price, the higher the quantity demanded.

The demand for A good is the quantity that people will buy at the prevailing price.

The supply schedule indicates the quantities that suppliers will sell at various market prices.

Supply is determined primarily by the cost of producing the good.

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