2 Why does demand schedule differs from demand curve.
Explain when does demand curve shifts?
Answers
Answer:
A demand schedule is a table that shows the quantity demanded at different prices in the market. A demand curve shows the relationship between quantity demanded and price in a given market on a graph. ... A supply schedule is a table that shows the quantity supplied at different prices in the market.
Question 1 :
Why does demand schedule differs from demand curve?
Answer :
A demand schedule is a table that shows the quantity demanded at different prices in the market. A demand curve shows the relationship between quantity demanded and price in a given market on a graph. ... A supply schedule is a table that shows the quantity supplied at different prices in the market.
Question 2 :
Explain when does demand curve shifts.
Answer :
When the demand curve shifts, it changes the amount purchased at every price point. They will buy less of everything, even though the price is the same. The curve shifts to the right if the determinant causes demand to increase. This means more of the good or service are demanded at every prices.
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