ECONOMICS
DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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market demand curve
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market demand schedule
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demand schedule
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demand curve
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Detailed explanation-1: -A demand schedule is a table that lists the quantity of a good that a person will purchase at each price in a market.
Detailed explanation-2: -A demand schedule is a table that lists the quantity of a good a person will buy at each different price.
Detailed explanation-3: -Demand Schedule-a table showing the relationship between the price of a good and the quantity demanded per period of time, other things equal.
Detailed explanation-4: -The price of a good or service in a marketplace determines the quantity that consumers demand. Assuming that non-price factors are removed from the equation, a higher price results in a lower quantity demanded and a lower price results in higher quantity demanded.
Detailed explanation-5: -Individual Demand Schedule. Market Demand Schedule.