A Demand Schedule Is a Way of Recording

question 148

Multiple Choice

A demand schedule is a way of recording

• A)the amount of a good that a person wants to sell during a given time period.
• B)the amount of a good that a person wants at different times of the day.
• C)the quantities of a good that people are willing to sell every year.
• D)the alternative quantities of a good demanded in a given time period at different possible prices.

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Definitions:

Verbal Phrase

A verbal phrase is a group of words expressing an action or a state of being, often used in mathematics to translate words into algebraic expressions or equations.

Divided

A mathematical operation where one quantity is evenly distributed into parts or groups.

Algebraic Expression

A combination of variables, numbers, and at least one arithmetic operation, without an equality sign.

Rectangle

A quadrilateral with four right angles and opposite sides that are parallel and equal in length.