Meaning of DEMAND SCHEDULE in English

DEMAND SCHEDULE

A table or listing showing the number of units of a single type of good (or service) that potential purchasers would offer to buy at each of a number of varying prices during some particular time period. Demand schedules may be drawn up to reflect the behavioral propensities of a single unique individual, household, or firm -- or, more frequently encountered in microeconomic analysis, composite demand schedules for the particular good may be derived by adding up all the demand schedules of the large number of individuals, households or firms that are active or potentially active as purchasers in the market under consideration.

[See also: demand , demand curve , law of demand , supply ]

English glossary of political economy terms.      Английский глоссарий политико-экономических терминов.