17 May 2022 3:34 pm
So.. didn't you just define it there? A demand which can never be satisfied. Like the demand to always be stylish, to keep up with the proverbial Jones/ Or perhaps opiate addiction.Skans » 17 May 2022, 3:29 pm » wrote: ↑ Well, first, community college needs to be separated out from graduate level economics. I would expect much more from those who are working toward a masters or PhD in economics. But, ****, even at that level, WITH NO REAL WORLD EXPERIENCE, you are probably expecting too much.
At the community college level, you'd be lucky if they understood what equilibrium is. As for the vertical demand curve, that's more of a philosophical concept than economic modeling. Seriously, how would you define infinite demand? Or, I suppose, demand which simply cannot ever be satisfied?