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3 December, 13:14

True or false: A demand schedule is created from a demand curve.

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  1. 3 December, 13:41
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    False, the demand curve is derived from a demand schedule.

    The demand curve is a graphical representation depicting the relationship between a commodity's different price levels and quantities which consumers are willing to buy. The curve can be derived from a demand schedule, which is essentially a table view of the price and quantity pairings that comprise the demand curve.
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