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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

But as Te Haumihiata Mason, a translator working in Māori, points out to Mr. Hahn, in New Zealand few plants bud in May, so an inelastic approach here risks puzzling the audience.

From The Wall Street Journal • Apr. 22, 2026

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

From MarketWatch • Apr. 1, 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 five-act drama—serious or humourous, poetic or prosaic—is like a box of fixed dimensions and inelastic material, into which a mass of precious things are to be packed away.

From Views and Reviews by James, Henry




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