What is a table that shows the quantities of a particular good or service that consumers will purchase at various prices?

Prepare for the UCF ECO2013 Principles of Macroeconomics Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

A demand schedule represents a table that displays the quantities of a particular good or service that consumers are willing and able to purchase at different price levels. This visual representation helps illustrate the relationship between price and quantity demanded, showcasing how demand changes as the price varies.

In contrast, a demand curve is a graphical representation of the demand schedule, plotting price on one axis and quantity demanded on the other. Although both the demand schedule and demand curve convey similar information, the demand schedule specifically refers to the tabular format. Understanding how these concepts relate helps clarify the dynamics of consumer behavior in response to changing prices, which is crucial in macroeconomic analysis.

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