ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A demand schedule is a table that shows the quantity demanded at each price. A demand curve is a graph that shows the quantity demanded at each price. Sometimes the demand curve is also called a demand schedule because it is a graphical representation of the demand scheduls.

Detailed explanation-2: -The demand curve is just a graphical representation of the demand schedule. Therefore, the demand schedule and the demand curve contain the same information presented in different ways, which means the statement is true.

Detailed explanation-3: -The graphical representation of the demand schedule is called a demand curve. Itshows the relation between the price of a commodity and the amount of that commodity the consumer is willing to purchase.

Detailed explanation-4: -The given statement is false. A demand schedule lists the price and quantity demanded. It means the price in one column and quantity demanded in other columns.

Detailed explanation-5: -In economics, a demand schedule is a table that shows the quantity demanded of a good or service at different price levels. A demand schedule can be graphed as a continuous demand curve on a chart where the Y-axis represents price and the X-axis represents quantity.