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Demand Curve.
demand schedule
Demand schedule is a tabular representation nd Demand curve is a graphical representation
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).
It is a graphical representation of a demand schedule showing the quantity demanded at different prices.
Demand Curve.
demand schedule
Demand schedule is a tabular representation nd Demand curve is a graphical representation
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).
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).
It is a graphical representation of a demand schedule showing the quantity demanded at different prices.
How to Derive Demand curve mathematically. In Simple Language With simple Examples.
Law of demand is the reason of the downward sloping of demand curve.Law of demand states the inverse relationship of demand of a commodity and it's price,and demand curve represents this inverse relationship of demand and price.So in this way they both are related.
Law of demand is the reason of the downward sloping of demand curve.Law of demand states the inverse relationship of demand of a commodity and it's price,and demand curve represents this inverse relationship of demand and price.So in this way they both are related.
Law of demand is behind the downward sloping of demand curve,i.e. inverse relationship between price and quantity demanded.
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.
supply