Question

select the correct answer.
which phrase defines a demand schedule?

a. a chart showing the impact of demographic changes on demand

b. a table showing the quantity demanded for a good at different prices

c. a graph tracking the increase in demand at decreasing prices

d. a report analyzing factors causing a change in demand for goods

Explanation:

A demand schedule is defined as a table that lists the quantity of a good or service that consumers are willing and able to buy at different prices. Option A is incorrect as it refers to demographic impacts, not the core definition of a demand schedule. Option C describes a demand curve (a graph) rather than a schedule (a table). Option D is about analyzing factors causing demand changes, not defining a demand schedule. So the correct answer is B.

Answer:

B. a table showing the quantity demanded for a good at different prices