Xavier_Onassis » 17 May 2022, 3:34 pm » wrote: ↑
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.
I don't think I did. If someone has unlimited money and can purchase whatever he wants, what consumer demand of his could never be satisfied given unlimited supply? As for opioids, that demand will be abruptly satisfied with death of the user. Too much supply causes sudden death and no more demand.
Again, this is a philosophical debate, not one of economics, as is with all limits which approach infinity.