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DEMAND INCREASE: An increase in the willingness and ability of buyers to buy a good at the existing price, illustrated by a rightward shift of the demand curve. An increase in demand results in an increase in equilibrium quantity and an increase in equilibrium price.
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ECONOMIC SCIENCE The application of the scientific method to economic phenomena and topics related to the fundamental problem of scarcity. Economic science, also termed positive economics, is one of several social sciences that apply the scientific method to the study of human behavior.
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A lump of pure gold the size of a matchbox can be flattened into a sheet the size of a tennis court!
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"The man who does not read good books has no advantage over the man who cannot read them. " -- Mark Twain
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OAPEC
Organization of Arab Petroleum Exporting Countries
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