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What is the difference between a demand schedule and a demand curve?

a demand schedule is a table showing the relationship between the price of a good and the quantity demanded , but a demand curve is a graph showing the relationship between the price of a good and the quantity demanded.


What is a demand curve?

Demand curve describes the relationship between the product price and the number of the product demanded through the use of graph. This is also an illustration of demand schedule.


Is a demand curve created from a demand schedule?

The data on a demand schedule can be plotted on a demand curve. Often, a demand schedule will be created before the creation of a demand curve, so as to allow for greater accuracy when plotting the demand curve.


What is A graph that can be drawn without any breaks?

A continuous graph.


A table that lists various price and quantity combinations of demand is called?

The table that lists various prices and quantity combinations of demand is the demand schedule. This table makes it simpler to predict demand at different price levels.


Difference between a demand schedule and demand curve?

Demand schedule is a tabular representation nd Demand curve is a graphical representation


3 Why is it difficult to judge the price elasticity of demand if you are merely observing the appearance of a demand curve on a graph?

Because elasticity is changes depending on the price it is evaluated at. This will then mean that elasticity is different at different point on a demand curve. It can also depend on the scale the demand curve is drawn to


What are the different types of demand in economics?

what is demand curve is a graphic representation of the relationship between product price and the quantity of the product demanded. It is drawn with price on the vertical axis of the graph and quantity demanded on the horizontal axis


How is a demand curve similar to a demand schedule?

The demand curve and schedule state the same information as each other.


How is a a demand curve similar to a demand schedule?

The demand curve and schedule state the same information as each other.


What is individual demand schedule?

individual demand schedule is list of a individual person ready to buy in various level price is called individual demand schedule


What is the propuse of a demand schedule?

A demand schedule allows the construction of a demand function which can be used to solve mathematical problems involving demand (such as finding equilibrium demand and price).