Answer:
<u>C. A demand schedule.</u>
Step-by-step explanation:
The demand curve is a visual representation of how many units of a good or service will be bought at each possible price. It plots the relationship between quantity and price that's been calculated on the <u>demand schedule</u>, which is a table that shows <u>exactly how many units</u> of a good or service will be <u>purchased at various prices</u>.
As you can see in the chart below, the price is on the <u>vertical (y) axis</u>, and the quantity is on the <u>horizontal (x) axis</u>. This chart plots the <u>conventional relationship</u> between price and quantity. The <u>lower</u> the price, the <u>higher</u> the quantity <u>demanded</u>. As the price <u>decreases</u> from p0 to p1, the quantity <u>increases</u> from q0 to q1.
<u>Key words and Phrases: </u>
quantity, price, demand, good, service, demand curve, demand schedule
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