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Which of the following best explains the purpose of a demand schedule?

  • Question 1c of 10 - Supply and demand

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Which of the following best explains the purpose of a demand schedule?
  • Answers:
  1. To show the level of demand at various prices.
  2. To demonstrate how supply affects demand.
  3. To indicate how supply and demand relate to price.
  4. To calculate how much of a good consumers will use.

The correct answer is: To show the level of demand at various prices. A demand schedule shows how much of something consumers will want at various prices.

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