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A demand schedule is a table that shows the quantity demanded at each price. A demand curve is a graph that shows the quantity demanded at each price. Sometimes the demand curve is also called a demand schedule because it is a graphical representation of the demand scheduls.
What is the difference between a demand schedule and a demand curve quizlet?A demand schedule is a list that shows the quantity demanded at all possible prices that might prevail in the market at a given time, whereas a demand curve is a graph that shows the quantity demanded at each and every possible price that might prevail in the market at a given time.
What is the difference between demand curve and demand function?To conclude, whereas demand function specifies relationship between quantity demanded of a product with many independent variables, demand curve of a product is a graphic representation of only a part of the demand function with price of the product as the only independent variable.
What is the difference between market demand and demand?Generally speaking, there is market demand and aggregate demand. Market demand is the total quantity demanded by all consumers in a market for a given good. Aggregate demand is the total demand for all goods and services in an economy.
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