They decide to sell their house.

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

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

Here is the demand forecast for 1998.

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

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

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

Let me write that in green.

And yet what we proved then is the U.S. has more market power than OPEC.

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

So population goes up.

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

Is there much demand for these goods?

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

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.

So income goes down, demand goes up.

Imported cars are in strong demand.

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

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

There is a great market for rice in Japan.

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

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

So, income goes up, then that increases demand.

And anytime there is less of something, that creates a price rise.

Because you're creating artificial demand.

Scenario E, I raise it to 10.

These goods are in great demand.

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

I should say how price relates to quantity demanded, and how quantity demanded relates to price.

And so, it would increase the demand.

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

There is a big market for coffee.

We realized that even rich kids from the suburbs really want DryBath.

There is a great demand for gasoline.

This is what we call the DEMAND SCHEDULE.

Treasuries.

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

This column let me put my price.

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

All the movements stopped at falsifying.

There is no market for these goods in Japan.

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

Supply is relative to demand.

The price reflects the demand.

The lust denies the need.