A Demand Schedule

question 272

Multiple Choice

A demand schedule

• A) shows the quantity demanded at one price.
• B) is a graph showing a relationship between the quantity demanded and the price of a good.
• C) is a list of the quantities demanded at each different price when all other influences on buying plans remain the same.
• D) shows that demand is on schedule.
• E) shows how the demand changes when the supply changes.

---

Definitions:

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business, such as rent or a salaried employee's wages.

Variable Costs

Expenses that change in proportion to the activity or volume of production, sales, or services rendered.

Fixed Costs

Charges that are unaffected by production or sales volume, for example, monthly rent or payroll expenses.

Selling Price

The price at which a product or service is offered to customers.