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WAEC Economics 2012 Objective — Question 8

Question 8 of 49 from the West African Examinations Council (WAEC) Economics 2012 Objective paper, with the correct answer and a full explanation.

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A demand schedule shows the quantities of goods that are

  • A. bought at given prices at a timeCorrect
  • B. supplied at given prices at a time
  • C. produced at given prices at a time
  • D. reserved for future consumption

Explanation

A demand schedule is a table which shows the amount of goods bought or demanded at various prices.

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