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28 April 2018

What is the difference between Demand schedule and Demand curve



Difference between Demand schedule and Demand curve 

Demand Schedule
Demand Curve
(i) The demand schedule is essentially a table view of the price and quantity pairings that comprise the demand curve.
(i) The demand curve is a graphical representation depicting the relationship between a commodity’s different price levels and quantities which consumers are willing to buy.
(ii) The demand schedule is represented by a table.
(ii) The demand curve is represented by a graph.
(iii) The demand does not depend on the demand curve.
(iii) The demand curve depends on the demand schedule.
(iv) The demand schedule helps create the demand curve.
(iv) The demand curve doesn’t help create the demand schedule.
(v) Economist depicts the demand schedule on a two-dimensional graph.
(v) The demand curve is a visual form of the demand schedule.
(vi)
Unit
Price
10
15
8
20
6
25
(vi)




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