Results for inelastic
On this page:
 
Dictionary:

inelastic

  (ĭn'ĭ-lăs'tĭk) pronunciation
adj.

Lacking elasticity; unyielding or unadaptable. See synonyms at stiff.

inelasticity in'e·las·tic'i·ty (-ĭ-lă-stĭs'ĭ-tē) n.
 
 

An economic term used to describe the situation in which the supply and demand for a good are unaffected when the price of that good or service changes.

Investopedia Says:
When a price change has no effect on the supply and demand of a good or service, it is considered perfectly inelastic. An example of perfectly inelastic demand would be a life saving drug that people will pay any price to obtain. Even if the price of the drug were to increase dramatically, the quantity demanded would remain the same.

Related Links:
Learn economics principles such as the relationship of supply and demand, elasticity, utility, and more! Economics Basics
Does the amount of goods and services produced set the pace for economic growth? Here are the arguments. Understanding Supply-Side Economics


 
Thesaurus: inelastic

adjective

    Not changing shape or bending: inflexible, rigid, stiff, unbending, unyielding. See flexible/rigid.

 

1. tissue lacking in elasticity.
2. in financial terms, lack of response in a variable, e.g. inelastic demand, when the demand for, say, veterinary services is not reduced by a downturn in the local economy.


 
Translations: Translations for: Inelasticity

Dansk (Danish)
n. - uelasticitet

Français (French)
n. - rigidité, inélasticité, (Écon, Phys) inélasticité

Deutsch (German)
n. - Fehlen von Elastizität

Ελληνική (Greek)
n. - ανελαστικότητα

Italiano (Italian)
inflessibilità

Português (Portuguese)
n. - falta de elasticidade (f)

Русский (Russian)
неэластичность

Español (Spanish)
n. - falta de elasticidad, inflexibilidad

Svenska (Swedish)
n. - brist på elasticitet, stelhet

中文(简体) (Chinese (Simplified))
无弹力, 不适应性, 坚硬性

中文(繁體) (Chinese (Traditional))
n. - 無彈力, 不適應性, 堅硬性

한국어 (Korean)
n. - 부적응성, 비탄력성, 비융통성

日本語 (Japanese)
n. - 融通性のないこと

עברית (Hebrew)
n. - ‮חוסר גמישות, חוסר קפיציות, קשיחות‬


 
 

Join the WikiAnswers Q&A community. Post a question or answer questions about "inelastic" at WikiAnswers.

 

Copyrights:

Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2007. Published by Houghton Mifflin Company. All rights reserved.  Read more
Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Thesaurus. Roget's II: The New Thesaurus, Third Edition by the Editors of the American Heritage® Dictionary Copyright © 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.  Read more
Veterinary Dictionary. The Veterinary Dictionary. Copyright © 2007 by Elsevier. All rights reserved.  Read more
Translations. Copyright © 2007, WizCom Technologies Ltd. All rights reserved.  Read more

Search for answers directly from your browser with the FREE Answers.com Toolbar!  
Click here to download now. 

Get Answers your way! Check out all our free tools and products.

On this page:   E-mail   print Print  Link  

 

Keep Reading

Mentioned In: