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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

“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

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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