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Definitions

inelastic

[in-i-las-tik] / ˌɪn ɪˈlæs tɪk /


Example Sentences

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Demand is what economists call inelastic, meaning it doesn't respond to price signals.

From BBC • May 28, 2026

Economists consider gasoline to be inelastic, meaning that consumption remains mostly steady regardless of prices.

From MarketWatch • Apr. 1, 2026

When demand is inelastic and the social value of consumption is neutral or positive, it doesn’t pay to enforce prohibition.

From The Wall Street Journal • Feb. 25, 2026

I’m also positive on Vital Farms, the market leader in pasture-raised eggs—an inelastic product at grocery stores.

From Barron's • Oct. 16, 2025

The first statement appears to be explicable by the shrinkage of all the mucous membranes during cholera collapse, for by this merely mechanical agency the inelastic epithelium must necessarily become detached.

From A System of Practical Medicine by American Authors, Vol. I Volume 1: Pathology and General Diseases by Various




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