Advertisements
Advertisements
प्रश्न
Demand schedule is a list of prices and quantities.
पर्याय
True
False
उत्तर
This statement is True.
Explanation:
A demand schedule is indeed a list of prices and the corresponding quantities demanded at each price level. It shows the relationship between the price of a good and the quantity demanded by consumers, typically in a tabular format.
APPEARS IN
संबंधित प्रश्न
Draw a demand curve with the help of a hypothetical individual demand schedule.
Identify and explain the concept from the given illustration:
Deepak decided to count how many times he had to travel by train in a period of one month.
If commodity X and Y are substitutes, increase in price of X will affect demand of Y how?
From the given demand schedule, what will be the effect on demand curve.
Price in (₹) | Demand (units) |
20 | 100 |
20 | 70 |
The graphical representation of total demand in an economy y is a ______.
Construct a demand schedule showing relationship between price and quantity demanded.
Complete the following individual demand schedule.
Price in (₹) | Quantity of sugar Demanded in Kgs |
5 | 20 |
6 | ______ |
7 | ______ |
8 | ______ |
9 | ______ |
Explain briefly the factors which influence individual demand for a commodity.
Define individual demand.
What is a demand schedule?