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Definitions

inelastic

[in-i-las-tik] / ˌɪn ɪˈlæs tɪk /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

“Oil is the clearest example because short-run demand is relatively inelastic: transportation still needs gasoline and diesel, airlines still need jet fuel, and petrochemical plans still need feedstock,” she said in a note Thursday.

From MarketWatch • Apr. 24, 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

In fact, our working paper suggests that prison demand is not only inelastic but drives incarceration, not the other way around.

From Slate • Jul. 30, 2024

Dewey finds, following a familiar argument, that the lower animals are adapted to their environment by special habits of reaction which are relatively fixed and inelastic.

From John Dewey's logical theory by Howard, Delton Thomas




Vocabulary lists containing inelastic