A table which shows the price of a commodity and the quantity of it that is demanded per unit time is a
Answer Details
A table which shows the price of a commodity and the quantity of it that is demanded per unit time is called a demand schedule. It is used to depict the relationship between the price of a good or service and the quantity of that good or service that consumers are willing to buy at that price, holding other factors constant. The demand schedule is the basis for the demand curve, which is a graphical representation of the same information. The demand curve shows the relationship between the price of a good and the quantity demanded on a two-dimensional graph.