In economics, a market demand schedule is a tabulation of the quantity of a good that all consumers in a market will purchase at a given price. At any given price, the corresponding value on the demand schedule is the sum of all consumers’ quantities demanded at that price.
Generally, there is an inverse relationship between the price and the quantity demanded.[1][2] The graphical representation of a demand schedule is called a demand curve.
References
edit- ^ O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. p. 82. ISBN 0-13-063085-3.
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: CS1 maint: location (link) - ^ FitzGerald, Valpy (2003). "The Instability of the Emerging Market Assets Demand Schedule". University of Connecticut:Department of Economics. Society for Economic Dynamics. Retrieved 2009-02-18.