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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

Demand for diesel, which powers most trucks, trains and industrial equipment, is more inelastic, but the U.S. government’s Energy Information Administration has reported slight declines.

From MarketWatch • May 5, 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

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

This freely-growing Gnostic religiosity aroused in the Church an increasingly strong movement towards unity and a firm and inelastic organization, towards authority and tradition.

From Encyclopaedia Britannica, 11th Edition, Volume 12, Slice 2 "Gloss" to "Gordon, Charles George" by Various




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