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

All of these activities are designed to feed the sales model.

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

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

Let me write that in green.

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.

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

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

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

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

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

I might pay them a certain fee per month to help get stories about my products and or my company in newspapers or in blogs or in tech journals, etc.

The price reflects the demand.

The lust denies the need.

And then the last one we'll talk about

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

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.

And then more people buy.

So this right over here.

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.

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.

And we can use it to launch nanosatellites into orbit.

Here is the demand forecast for 1998.

Imported cars are in strong demand.

All the movements stopped at falsifying.

They hired sales people, they spent marketing dollars, and in scale of tens of millions or dollars trying to create and use your demands for a market that didn't exist.

If they read newspapers, tech journals, or listen to radio or television, that is I want to match my demand creation activities to what I know about my archetype.

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.

We can go buy that house.

This guy needs less cash, so it lowers 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.

Supply is relative to demand.

These goods are in great demand.

There is a great demand for gasoline.