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

Let me write that in green.

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

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

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

Scenario E, I raise it to 10.

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

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

This column let me put my price.

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

Ultimately, Coke's success depends on one crucial fact and that is that people want a Coca Cola.

Here is the demand forecast for 1998.

Imported cars are in strong demand.

So this is where that moderate of inflation, really shows up.

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.

These goods are in great demand.

So it's shifting demand to the right.

And the long transition is already well under way.

The entire curve, regardless of the price point at any given price point the quantity demanded will actually go down.

There is a great demand for gasoline.

And if there's more cash in the banking system this guy right over here needs less

This is what we call the DEMAND SCHEDULE.

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.

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

So this demand curve will also have the same shape from the top left to the bottom right it satisfies the law of demand.

I should say how price relates to quantity demanded, and how quantity demanded relates to price.

So population goes up.

And their sales channel were going to be websites or stadium shops or ticket websites or direct mail.

So it's now at 4 and then that kills off a lot of the demand.

Actually, we're going to start with aggregate demand and then start talking about aggregate supply.

All the movements stopped at falsifying.

I've been doing this for a lot of years successfully, believe it or not, without your help.

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.