what is schedule curve and explain curve
Answers
Answered by
1
A supply schedule is a table that shows the quantity supplied at different prices in the market. A supply curve shows the relationship between quantity supplied and price on a graph. ... The equilibrium occurs where the quantity demanded is equal to the quantity supplied.
Answered by
0
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. The law of demand states that a higher price typically leads to a lower quantity demanded.
Similar questions
India Languages,
6 months ago
Business Studies,
6 months ago
Math,
6 months ago
Biology,
1 year ago
Political Science,
1 year ago
Math,
1 year ago
India Languages,
1 year ago