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What is the difference between demand function and demand schedule?
Wiki User
∙ 13y ago
Demand schedule: a list of demand/price equivalencies. It can best be seen as a table with discrete points.
Demand function: a continuous function of price-demand interaction.
Main difference: schedule is discrete; function is continuous.
Wiki User
∙ 13y ago
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Difference between a demand schedule and demand curve?
Demand schedule is a tabular representation nd Demand curve is a graphical representation
What is the difference between a demand schedule and a demand curve?
a demand schedule is a table showing the relationship between the price of a good and the quantity demanded , but a demand curve is a graph showing the relationship between the price of a good and the quantity demanded.
What do we call the graphic representation of a demand schedule?
What is the difference between normal and inferior goods
What is the propuse of a demand schedule?
A demand schedule allows the construction of a demand function which can be used to solve mathematical problems involving demand (such as finding equilibrium demand and price).
What is the relationship between the demand curve and demand schedule?
Simply put, demand schedule refers to a tabular representation of the quantity of a commodity demanded at various price levels. While demand curve is a graphical representation of the figures in the demand schedule. The curve is usually a line sloping downwards from left to right(except for abnormal demand).
Difference between a demand schedule and demand curve?
Demand schedule is a tabular representation nd Demand curve is a graphical representation
What is the difference between a demand schedule and a demand curve?
a demand schedule is a table showing the relationship between the price of a good and the quantity demanded , but a demand curve is a graph showing the relationship between the price of a good and the quantity demanded.
What do we call the graphic representation of a demand schedule?
What is the difference between normal and inferior goods
What is the propuse of a demand schedule?
A demand schedule allows the construction of a demand function which can be used to solve mathematical problems involving demand (such as finding equilibrium demand and price).
What demand schedule?
It is a table that shows the difference quantity but at different prices.
Difference between elastic and inelastic demand?
difference between elastic and inelastic demand
What is the relationship between the demand schedule and demand curve?
Simply put, demand schedule refers to a tabular representation of the quantity of a commodity demanded at various price levels. While demand curve is a graphical representation of the figures in the demand schedule. The curve is usually a line sloping downwards from left to right(except for abnormal demand).
What is the relationship between the demand curve and demand schedule?
Simply put, demand schedule refers to a tabular representation of the quantity of a commodity demanded at various price levels. While demand curve is a graphical representation of the figures in the demand schedule. The curve is usually a line sloping downwards from left to right(except for abnormal demand).
What is the difference between supply schedule and market schedule?
A table which contains values for the price of a good and the quantity that would be supplied at that price. A market demand schedule is a table that lists the quantity of a good all consumers in a market will buy at every different price.
Is a demand curve created from a demand schedule?
The data on a demand schedule can be plotted on a demand curve. Often, a demand schedule will be created before the creation of a demand curve, so as to allow for greater accuracy when plotting the demand curve.
What are demand curve and demand schedule?
a demand curve is a single curve which slopes downwards from left to the right indicating an inverse relationship between price and quantity demanded. a demand schedule is a table which gives the quantity demanded at each range of prices.
A table that lists various price and quantity combinations of demand is called?
The table that lists various prices and quantity combinations of demand is the demand schedule. This table makes it simpler to predict demand at different price levels.
