indifferent demand
[/ˌɪndɪˈfərənt dɪˈmænd/]
nounpl: indifferent demands
demanda indiferente
1. In economics, a demand curve or consumer behavior pattern where quantity demanded remains relatively constant regardless of price changes within a certain range
The indifferent demand for essential medicines suggests that consumers will purchase them at various price points.
A demanda indiferente por medicamentos essenciais sugere que os consumidores os comprarão em vários níveis de preço.
2. A market condition where consumers show no strong preference between competing products or services
In the case of indifferent demand, price elasticity approaches zero.
No caso da demanda indiferente, a elasticidade-preço aproxima-se de zero.
This is a technical economic term primarily used in academic, business, and policy discussions in both Brazil and the United States. It reflects economic theory concepts taught in universities and used by economists and market analysts to understand consumer purchasing patterns for essential or addictive goods.
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