inelasticity


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in·e·las·tic

 (ĭn′ĭ-lăs′tĭk)
adj.
1. Lacking elasticity; unyielding or unadaptable. See Synonyms at stiff.
2. Economics Of, relating to, or being a good for which changes in price have little effect on the quantity demanded or supplied: the inelastic demand for cigarettes.
in′e·las·tic′i·ty (-ĭ-lă-stĭs′ĭ-tē) n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.inelasticity - the lack of elasticity
physical property - any property used to characterize matter and energy and their interactions
deadness - the physical property of something that has lost its elasticity; "he objected to the deadness of the tennis balls"
stiffness - the physical property of being inflexible and hard to bend
rigidity, rigidness - the physical property of being stiff and resisting bending
elasticity, snap - the tendency of a body to return to its original shape after it has been stretched or compressed; "the waistband had lost its snap"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
inélasticité

inelasticity

n (lit) → Mangel m → an Elastizität; (fig) → Mangel m → an Flexibilität, Starrheit f
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
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Given the relative inelasticity of demand in edible oil, the risks relate to managing of foreign exchange risks in imported raw material procurement and ability to maintain margins.
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The accumulation of debt is the direct result of the gap between expenditures and revenues, which is widening due to the inelasticity in debt servicing and defence needs and the Federal Board of Revenue's (FBR) failure to enhance revenue collection.
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The Engro directors expected that local urea demand for 2019 would remain stable at current levels due to the price inelasticity of urea.
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Gatchalian noted that the failure of the current excise tax to produce a significant drop in daily cigarette consumption 'shows the inelasticity of demand for cigarettes.'
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'The failure of the current excise tax to produce a significant drop in daily cigarette consumption shows the inelasticity of demand for cigarettes,' Gatchalian said in a statement.
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There is an inelasticity about supply in real estate -- developers start on new projects when the market is good.
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It illustrates the importance in Baumol's reasoning of the hypothesis of the inelasticity of demand in public services in relation to the increase in fiscal prices.
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The inelasticity of imports and highly elastic demand for low value-addedexports is the reason why influencing imports and export price is not impacting the trade balance as much as we expect.
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On the other hand, fresh ground coffee and coffee pods posted positive retail volume growth due to price inelasticity, as it is an item usually consumed by members of upper-income households, who have been able to continue to afford high-priced coffee pods and pod coffee machines.
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