The equivalent of between 1 and 4 tons of coal are used in the manufacture of a single solar panel.

And it considers just using existing hydro to match the hour by hour power demand.

If we talk about an actual quantity, we should say the quantity demanded.

Solar can do it, and we certainly have to develop solar.

1 billion barrels of oil will satisfy global demand for only 12 days.

I have been really lucky with this technology all of a sudden as it is ready, the world is ready to accept it.

And so, for any given price point, the demand would increase.

The Fukushima meltdown created an instant global shortage of good quality sensors. Concerned people in Japan and elsewhere sparked overwhelming demand.

Let me write that in green.

Scenario E, I raise it to 10.

If we lower the price of a product, that will raise the quantity demanded of that product.

Or another way to think of it is, is this entire demand curve.

You know that Africa is being affected by these viruses.

The supply demand balance is tight.

They decide to sell their house.

WRlTING Demand goes up.

There is more people that have money in their pockets.

Even the new Jack 2 field in the gulf of Mexico would only supply a few months of domestic demand.

And so essentially, it will shift, it will change the entire demand curve.

I'd rather have than just getting more of this thing right over here

So, income goes up, then that increases demand.

And I had this captured market. You didn't need contracts.

This is the total numbers of cupcakes all of the factories in the market can produce.

This column let me put my price.

The goal is to open one in every major city across the world.

And so if income goes up for this laptop, the demand will increase.

When we hold everything else equal, we're moving along a given demand curve.

It's only recently that we've strangely begun to forget it.

The Oraculum, being a calendrical compendium of Underland.

Here is the demand forecast for 1998.

Imported cars are in strong demand.

All the movements stopped at falsifying.

So income goes down, demand goes up.

So we'll put price in the vertical axis and we'll put quantity demanded in the horizontal axis.

When everything else is equal and you're only changing price, you're not changing demand.

And in those cupcake economics videos, I showed that if the demand is pushing up against capacity.

So, it would shift the demand curve to the right or it would increase demand.

We can't travel everywhere.

(Applause)

Supply is relative to demand.

The price reflects the demand.

These goods are in great demand.

There is a great demand for gasoline.

The lust denies the need.

And then the last one we'll talk about