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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

While higher prices could trigger reduced buying or weaker demand in the near term, he expects limited substitutes and inelastic demand to cushion the impact.

From The Wall Street Journal • May 22, 2026

It’s about structural supply constraints meeting inelastic industrial demand.

From MarketWatch • Jan. 3, 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 Saxon wool, which is principally produced by artificial means, has been compared, from its inelastic sickly appearance, to grass that has been secluded from the sun.

From A Treatise on Sheep: The Best Means for their Improvement, General Management, and the Treatment of their Diseases. by Blacklock, Ambrose




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