Summercoyle
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8
Select the correct answer.
Which would you use to estimate the demand for a product at various prices?
O A
a demand table
B.
a demand chart
Ос.
a demand schedule

Sagot :

Answer:you would use a demand chart

Step-by-step explanation:

Answer:

C. A demand schedule.

Step-by-step explanation:

The demand curve is a visual representation of how many units of a good or service will be bought at each possible price. It plots the relationship between quantity and price that's been calculated on the demand schedule, which is a table that shows exactly how many units of a good or service will be purchased at various prices.

As you can see in the chart below, the price is on the vertical (y) axis, and the quantity is on the horizontal (x) axis. This chart plots the conventional relationship between price and quantity. The lower the price, the higher the quantity demanded. As the price decreases from p0 to p1, the quantity increases from q0 to q1.

Key words and Phrases:

quantity, price, demand, good, service, demand curve, demand schedule

Want to learn more about demand schedules?

Click here to learn more: https://brainly.com/question/12727568

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