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Individual’s Demand Schedule

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.