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which best explains the purpose of a demand schedule? responses calculate how much of a good consumers will use calculate how much of a good consumers will use indicate how supply and demand relate to price indicate how supply and demand relate to price show the level of demand at various prices show the level of demand at various prices demonstrate how supply affects demand

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the purpose of a demanding schedule show the level of demand at various prices.

demand schedule

The most typical demand schedule is divided into two columns. Prices for goods are listed in ascending or decreasing order in the first column. The second column lists the amount of the commodity required or desired at that pricing. Pricing is determined after extensive market research.

When the demand schedule data is graphed to produce the demand curve, it gives a visual depiction of the price-demand relationship, allowing for straightforward computation of demand for a product or service at any point along the curve.

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