Which phrase defines a demand schedule?
a chart showing the impact of demographic changes on demand
a table showing the quantity demanded for a good at different prices
a graph tracking the increase in demand at decreasing prices
a report analyzing factors causing a change in demand for goods

Answer

A table showing the quantity demanded for a good at different prices

Explanation

A demand schedule is a table or a chart that is designed to show the number of goods and services and how they are demanded by the consumers at specific prices. The relationship between the commodities price and the quantity demanded in terms of either goods or services will react to the price. that is if the number is very high it is called  elastic demand  and if it is low it is called inelastic demand because drop in price does not increase the total number of goods sold.

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