Be able to interpret a demand schedule and a demand graph

A demand schedule is a table or a chart that shows the quantities demanded at several different prices. An example of a demand schedule would be:

Price                 Quantity Demanded

$1                      10

$2                     20

$3                     30

$4                     40

A demand graph is the graphical representation of a demand schedule, in the form of a demand curve, in which the x axis represents the quantity demanded, and y axis represents the price.

answer; people have no objective standard by which to judge themselves;