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 a table that shows the quantity of a good or service that consumers are willing and able to buy at different prices. Option A is about demographic impact, Option C is about a graph (demand schedule can be in table or graph, but the key is quantity at different prices, and C focuses on increase at decreasing prices which is not the definition), Option D is about factors causing change (that's about determinants of demand, not the schedule). Option B matches the definition as it's a table showing quantity demanded at different prices.

Answer:

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