| Topic | Demand Schedule |
| Subject | Microeconomics |
| Category | CBSE Class 11 Notes |
Demand Schedule
Demand schedule is a tabular statement , which shows various quantities of a commodity , which are demanded at various levels of price, during a given period of time. It shows the relationship between price of the commodity , and the quantity demanded for such commodity.
A demand schedule can be determined both for individual buyers and for the entire market. So, demand schedule is of two types:-
- Individual demand schedule for individual buyers
- Market demand schedule for the entire market
Individual Demand Schedule
Individual demand schedule refers to a tabular statement which shows various quantities of commodity , that an individual consumer is willing to buy at various levels of price, during a given period of time.
Market Demand Schedule
Market demand schedule refers to a tabular statement ,which shows various quantities of commodity that all the consumers in a market, are willing to buy at various levels of prices, during a given period of time. Market demand schedule can be expressed as under :-
Dm = DA + DB + ……..
Where
Dm is the market demand
DA + DB + …….. are the individual demands of household A, household B and so on
Consumer’s Equilibrium and Demand
- Concept of Utility in Economics
- Measurement of Utility in Economics
- Total Utility and Marginal Utility
- Law of Diminishing Marginal Utility
- Conditions of Consumer’s Equilibrium
- Theory of Demand
- What is Demand in Economics
- Demand Characteristics
- Determinants of demand
- Determinants of Market Demand
- Demand Function In Economics
- Demand Schedule | Individual demand schedule | Market demand schedule