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Market Demand Schedule
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Published on Nov 19, 2015
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PRESENTATION OUTLINE
1.
MARKET DEMAND SCHEDULE
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photosteve101
2.
DEFINITION
a table that lists the quantity of a good all consumers in a market will buy at every different price.
3.
Untitled Slide
A market demand schedule for a product indicates that there is an inverse relationship between price and quantity demanded
4.
Untitled Slide
5.
Examples
In a food court there are 3 different pizza places
They all have different prices
The place with the cheapest pizza gets the most business
6.
Examples
Three different clothing companies are selling the same style of shorts, the company that makes the most money is the cheapest company because it's more affordable.
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