Get premium membership and access questions with answers, video lessons as well as revision papers.

Define the following terms: 1. Demand Schedule 2. Demand diagrams

      

Define the following terms:
1. Demand Schedule
2. Demand diagrams

  

Answers


Wilfred
1. Demand Schedule: is a tabular representation of the quantity demanded of a good at given price level and at a given point in time.
2. Demand diagrams on the other hand is a graphical representation of the content of the demand schedule.
Wilfykil answered the question on March 6, 2019 at 05:53


Next: Elaborate on The nature and scope of economics.
Previous: State the factors that influence the quantity demanded

View More Microeconomic Theory I Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions