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

Supply is relative to demand.

I'm sure some of you out there are economists, and you know all about supply and demand.

And then more people buy.

What we have here is something I just learned called the law of supply and demand.

I understand the concept of supply and demand.

She put in for a raise.

Supplies cannot keep up with the demand.

So I'm going to let you think about that a little bit.

So income goes down, demand goes up.

The supply can not keep up with the demand.

As the demand increases, prices go up.

Our request for a pay rise was turned down.

Our request for a pay raise was turned down.

When we're talking about a particular quantity demanded we say quantity demanded we don't just say demand

Prices depend on supply and demand.

Okay, we'll bring that up at Thursday's meeting. Thanks a lot, boss.

There is close relationship between supply and demand.

Ursule asked for a pay raise of 5 dollars and 65 cents an hour yesterday.

I want a motherfucking raise.

Why did you turn down his request for a pay rise?

Why did you turn down his request for a pay raise?

And there is a little bit of a negative feedback, if price goes up.

Present supplies of fruit are short of requirements.

That's how they create value, is by slamming things together.

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

I'll give you a raise.

Supply will soon overtake demand.

So we've analyzed the hour by hour power demand and supply,

I got a big pay raise.

And the way we show demand increasing is the whole curve shifts to the right so this right over here demand increased demand went up when income went up.

It raises supply because some people maybe just took some of this cash and deposited it.

Let me write that in green.

You stuff that down your shorts, when you go into a football game you can get booze in for free, everybody bought them.

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

Well, that depends. Did you get that raise?

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

So this is bizarre.

Recently the demand for this product has increased faster than the supply.

The supply demand balance is relaxing.

How are things at the office? Well, they gave my boss a promotion the other day. Maybe they'll get around to giving me a raise later.

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

Peter applied to his boss for a raise.

Tom asked for a raise.

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