Answer: A demand schedule is a table which shows the quantity demanded of a product or service at different price level over a specified period of time.
Explanation:
A demand schedule refers to a table that shows the different quantities in demand at different prices over a specified period of time. The table shows the relationship between the price of products (goods) and the amount of products that the consumers are willing and able to pay at a given price. Its graphical representation is a demand curve where the Y-axis represents price and the X-axis represents quantity. There are two types of demand schedule, which are: Individual demand schedule and market demand schedule.
