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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

“The likelihood of a prolonged period of higher energy prices, decelerating credit card data and channel checks have investors skeptical on how inelastic air travel demand can be,” he added.

From MarketWatch • Apr. 5, 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

Is the demand for gold elastic, or is it inelastic?

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur




Vocabulary lists containing inelastic


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