And we can use it to launch nanosatellites into orbit.

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

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

'What can I do to increase the number of employees?'

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

So this is price, and this right over here is quantity.

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

We have to meet the demand.

So income goes down, demand goes up.

So, income goes up, then that increases demand.

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

And you can match that demand, hour by hour, for the whole year almost.

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

Why is that important?

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

They take a look at the demands that are out there beauty products, healthy schools, electricity and how the money's flowing to meet those demands.

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

I'd rather have than just getting more of this thing right over here

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

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

You know, 20 years ago, some of the most amazing brands were built in the early days of cable, that met these new niche content demands from consumers.

You'd need millions and millions of teachers in China, India, Nigeria and the rest of developing world to meet need.

This guy needs less cash, so it lowers demand.

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

These convenient goods will meet our customers' demands.

So in that case, even though the money supply is huge, or a lot larger than it was, people aren't expressing demand.

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

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

They decide to sell their house.

With this factory and 100,000 planes a year, we could make all of America's electricity in about 10 years.

The price reflects the demand.

The lust denies the need.

And then the last one we'll talk about

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

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

It puts pressure on water demand.

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

So we'll put price in the vertical axis and we'll put quantity demanded in the horizontal axis.

Let me write that in green.

Scenario E, I raise it to 10.

So this is actually changing our demand, it's changing our whole relationship.

And then more people buy.

So this right over here.

How to meet future energy demand is a big question we must consider.