Individual demand schedule


It is a tabular representation of a commodity that is purchased by an individual at various prices in a given period of time. This can be explained with the help of following individual demand schedule.

Individual Demand Schedule
Price of Rice (Rs)
Demand (Kg.)
50
20
60
18
70
16
80
14
90
12
100
10

The above table shows different quantity of Rice purchased by a household at different prices. It can be observed that less quantity of Rice is demand at rising price and vice versa. For Eg., when price of Rice is Rs. 50 per kg, Demand for Rice is 20 kg. But 10 Kg of Rice is demand at price of Rs. 100 per K.g.