Topic > Henderson, The Concise Encyclopedia of Economics). A demand schedule is a table of the quantity demanded of a good at different price levels. Therefore, given the price level, it is easy to determine the expected expected quantity (Investopedia). Below is a hypothetical table showing the varied demand for coffee beans at different market prices. It shows an increase in demand with a decrease in the price of coffee beans. Demand can also be "inelastic". By inelastic demand we mean that this demand remains constant regardless of the change in price (refer to the following graph). What is the offer? Economists describe supply as the relationship between t...... middle of paper... directly to consumers. Consumers demand pollution-free air, but they also need “other goods” with marginal utility. Therefore, consumers remain indifferent. An indifference curve is a graph that shows different types of goods between which a consumer is indifferent. That is, at any point on the curve, the consumer has no preference for one item over another (as shown in the graph below). The pollution quotient also remains constant worldwide, although the government of that particular country has a positive impact on the negative externality. It can therefore be concluded that the imposition of carbon tax does not change the amount of global pollution, but negatively affects trade or industrial opportunities in a country. And as far as consumer behavior is concerned, this situation leads to indifference of customers who actually have no preference for one over the other.
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