It's the largest company in Tanzania.

He didn't have quite as much so he puts 500,000 into it.

They can't even attain the bachelor's degree.

So what we're experiencing is something called shifting baselines.

This is intended just to show you that demand is pushing up against capacity.

I'm the most efficient guy in town.

And the average savings rate went down and down and down.

So in this situation, let's say, this is capacity.

When someone is doing really well and getting a really great return, it attracts competition.

But in this situation, what continues to happen?

We thought the hitting it out of the box number was 150,000 nets a year.

So we would say we're 100 utilized.

So now we're here in 2007, and maybe you could say 2008, where this is the capacity.

When you have huge returns, it attracts competition.

This factory's productive capacity is 250 cars a week.

HlV, malaria, poverty, not going to school.

I have all of this extra capacity.

So we've been working with Transport for London, and that organization hasn't actually been responsible as a client for a new bus for 50 years.

And, as you can see here, there's a general trend that, as people have extra capacity, there's almost this incentive to lower your price relative to the other person.

Man has been writing for about 6000 years.

let's say, we also are goint to put in 1 dye.. 1 of dye over here. And in the process I can create the market value, let's say this is worth 50 of blue jeans..

We could just talk about labor capacity, and then unemployment rate is a measure of what is essentially not being utilized.

But this is just our capacity, our productive capacity.

The use of biofuels means that less land will be available for food production.

The amazing thing is that productivity did not increase in those factories for 30 years.

So F1 F2 F3. There multiple factors so this could be say this could be verbal ability.

It's a truism that your standard of living rises faster than productivity, rises faster than output per hour, if hours per person increased.

But in this reality with competition, there's this huge incentive that, when you have extra capacity, especially if you have a lot of extra capacity, there's this huge incentive to lower prices so that you can utilize that capacity.

It's being produced in large amounts, 150 to 180 metric tons per year in the Canary Islands in Peru, and it's big business.

And I tested them.

This is just an exercise and let's think about.

..their innate skills.

It's not virginity it's fecundity.

In 2010, renewables other than big hydro, particularly wind and solar cells, got 151 billion dollars of private investment, and they actually surpassed the total installed capacity of nuclear power in the world by adding 60 billion watts in that one year.

If we come back to our exponential growth of computing, 1,000 dollars of computing is now somewhere between an insect and a mouse brain.

Let's say this is all the capacity that I have.

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

The lines are going to blur.

By 1945, they were making 100,000.

That means that we have now more food available than ever before in human history.

So those are the two side effects of high utilization.

When are you going to select your major?

As manufacturing capacity expanded for military industrial use

The world uses almost 2 cubic miles of coal a year.

And there's an old story about cake mixes.