Demand

In economics, demand is the utility for a good or service of an economic agent, relative to his/her income. (Note: This distinguishes "demand" from "quantity demanded", where demand is a listing or graphing of quantity demanded at each possible price. In contrast to demand, quantity demanded is the exact quantity demanded at a certain price. Changing the actual price will change the quantity demanded, but it will not change the demand, because demand is a listing of quantities that would be bought at various prices, not just the actual price.)

Demand is a buyer's willingness and ability to pay a price for a specific quantity of a good or service. Demand refers to how much (quantity) of a product or service is desired by buyers at various prices. The quantity demanded is the amount of a product people are willing or able to buy at a certain price; the relationship between price and quantity demanded is known as the demand. (see also supply and demand). The term demand signifies the ability or the willingness to buy a particular commodity at a given point of time, ceteris paribus. Utility preferences and choices underlying demand can be represented as functions of cost, benefit, odds and other variables.

Demand (disambiguation)

Demand may refer to:

Economics

Other uses

See also

Hoist (album)

Hoist (stylized as (Hoist)) is the fifth official studio album by the American rock band Phish, released on March 29, 1994, by Elektra Records. At the time of its release, Hoist was Phish's best selling album to date, peaking at #34 on the Billboard 200 albums chart.

The band suggested a few ideas for the album's title before finally settling on Hoist; one of the alternative suggestions was Hung Like a Horse. The band ruled this out, but decided to keep the visual joke intact for the album's cover. The horse is also a reference to "The Horse," the only song not visually depicted on the cover of Rift, the band's previous album.

Hoist features guest appearances from Alison Krauss, Béla Fleck and a host of other musicians, as well as actor Jonathan Frakes on trombone. With its jazz, blues, soul and bluegrass influences, the album is marked by more stripped-down, straightforward songwriting and pop-friendly hooks, a somewhat new approach for Phish.

However, the album's final track, "Demand", segues into an extended instrumental excerpt from the April 21, 1993, live performance of the song "Split Open and Melt", followed by the first verse and refrain of the Hebrew song "Yerushalayim Shel Zahav (Jerusalem of Gold)."

Oil!

Oil! is a novel by Upton Sinclair published in 1927 told as a third person narrative, with only the opening pages written in the second person. The book was written in the context of the Harding administration's Teapot Dome Scandal and takes place in Southern California. It is a social and political satire skewering the human foibles of all its characters.

The main character is James Arnold Ross Jr., nicknamed Bunny, son of an oil tycoon. Bunny's sympathetic feelings toward oilfield workers and socialists provoke arguments with his father throughout the story.

The novel served as a loose inspiration for the 2007 film There Will Be Blood.

Characters

Oil

An oil is any neutral, nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic (immiscible with water, literally "water fearing") and lipophilic (miscible with other oils, literally "fat loving"). Oils have a high carbon and hydrogen content and are usually flammable and slippery.

The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food, fuel, lubrication, and the manufacture of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies as purifying agents.

Etymology

First attested in English 1176, the word oil comes from Old French oile, from Latin oleum, which in turn comes from the Greek ἔλαιον (elaion), "olive oil, oil" and that from ἐλαία (elaia), "olive tree", "olive fruit". The earliest attested forms of the word are the Mycenaean Greek 𐀁𐀨𐀺, e-ra-wo and 𐀁𐁉𐀺, e-rai-wo, written in the Linear B syllabic script.

Oil (band)

Oil is a Christian thrash metal band from Long Beach, California, USA. The band was formed in 1997 by Ron Rinehart, the former vocalist with Dark Angel, who converted to Christianity at a Harvest Crusade after Dark Angel's dissolution in 1992. Other members include lead guitarist Blake Nelson (formerly with Deceiver, Desire and Captain Black) and drummer Jason Vander Pal. Oil has released two studio albums and one live album.

In 2004, Rinehart left the band to pursue other non-musical interests. The rest of the group is looking for a new vocalist.

Biography

Oil's first release was a self-financed EP in 1999.

The Refine album was well-reviewed for its honest, no frills metal approach. The band performed live gigs, including a show at the Stryper Expo, but Rinehart received an injury soon after the album release which meant Oil did not perform for nearly a year. Once recovered, Rinehart and Oil returned to performing, being announced as special guests to Disciple in April.

The band recorded a live album Choice Cuts Off the Chopping Block at the First Baptist Church in Downey, California, in November 2002. The record included two new acoustic songs, "This Is My Prayer" and "Medicine Man". When bass guitarist Matthew Joy opted out in May 2003, Oil recruited Jonathan Thiemens of Blind Sacrificies as a temporary replacement. This became permanent in July.