Skip to content
Question 20 of 29

Q.Write a short note on: Demand Schedule

Yanam BieapBIEAP AP Intermediate (1st Year) Commerce Board 2020Subjective· 2mImportance★★★★★est
69% · 20/29 Questions
🔒 Locked · start free trial →

You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.

Start your 14-day free trial to unlock the full solution →

A demand schedule is a table showing the various quantities of a good that would be demanded at various prices, other things being equal; it can relate to a single consumer (individual demand schedule) or to all consumers in the market (market demand schedule), and it normally shows quantity rising as price falls.

Meaning

A demand schedule is a tabular statement showing how much of a commodity consumers are willing to buy at each of a series of prices in a given period, assuming other factors remain unchanged.

  • An individual demand schedule shows the quantities demanded by one consumer at different prices.
  • A market demand schedule shows the total quantities demanded by all consumers in the market at different prices. …

Unlock everything free for 14 days

  • Full step-by-step solutions
  • Concept-first explanations
  • Methods, shortcuts & mistakes
  • PYQ mapping + timed mock tests

Full access for 14 days. No credit card required.