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

Why is that important?

We decided it was play.

Everybody gather up supplies.

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

We have to meet the demand.

Let me write that in green.

Scenario E, I raise it to 10.

Again, there were some misunderstandings.

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

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

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

And we can use it to launch nanosatellites into orbit.

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

Parker Well, three things, really.

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

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

Aggregation

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.

So population goes up.

What we're done here is we've taken every single Wikipedia page and we reduced it down to a little summary.

So income goes down, demand goes up.

Right here we're talking in microeconomic terms, but then if we think about aggregate supply and demand, so this is aggregate, so this is, let me write aggregate, aggregate right over here, this is price, this is real GDP, this is our aggregate demand, aggregate, aggregate demand.

Scenario B, I could raise the price by 2.

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

Basically, they take all the webpages on the Internet and you can apply this function to it which is basically find the words in this document.

So Scenario A, price is 2 60,000 units are demanded.

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

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.

Even if you're not particularly comfortable or an expert with these languages, you're just as necessary.

At any given price point, the quantity demanded will go up.

We can go buy that house.

Here is the demand forecast for 1998.

Imported cars are in strong demand.

All the movements stopped at falsifying.