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inelasticity
Found in thesaurus: physical property
| Babylon English | Download this dictionary |
inelasticity
n.
lack of flexibility, lack of elasticity
| WordNet 2.0 | Download this dictionary |
inelasticity
Noun
1. the lack of elasticity
(antonym) elasticity, snap
(hypernym) physical property
(hyponym) deadness
| Webster's Revised Unabridged Dictionary (1913) | Download this dictionary |
Inelasticity
(n.)
Want of elasticity.
Want of elasticity.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter. About
| Raynet Business & Marketing Glossary | Download this dictionary |
Inelasticity
opposite of elasticity.
| A Guide to Futures and Options Market Terminology : English-English | Download this dictionary |
Inelasticity
A statistic attempting to quantify the change in supply or demand for a good, given a certain price change. The more inelastic demand (characteristic of necessities), the less effect a change in price has on demand for the good. The more inelastic supply, the less supply changes when the price does.
