Question

what is schedule curve and explain curve

Answer 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.

Answer 2

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.