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Question
Demand schedule is a list of prices and quantities.
Options
True
False
Solution
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.
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| 6 | ______ |
| 7 | ______ |
| 8 | ______ |
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