Can you please explain in words what is happening when the demand schedule is: P=$2 Q=2 P=$1 Q=4

Can you please explain in words what is happening when the demand schedule is_P=$2 Q=2P=$1 Q=4

Can you please explain in words what is happening when the demand scheduleis_P=$2 Q=2P=$1 Q=4Solution:The given demand schedule represents that when the price of the commoditydecreases by $1…