Individual’s Demand Schedule:
The demand schedule of an individual for a commodity is a list or table of the different amounts of the commodity that are purchased the market at different prices per unit of time. An individual demand schedule for a good say shirt is presented in the table below:
Individual Demand Schedule for Shirts:
Price per shirt(Tk.) | 100 | 78 | 60 | 40 | 20 | 10 |
Quantity demanded per year,(Qdx) | 5 | 7 | 9 | 13 | 20 | 30 |
According to this demand schedule, an individual buys 5 shirts at Tk. 100 per shirt and 30 shirts at Tk. 10 per shirt in a year.