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Inelasticity |
Also found in: Medical, Financial | 0.04 sec. |
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That situation coupled with inelasticity in demand for tires led to the crunch. The energy price rise related to the energy supply curve's inelasticity poses a serious problem for economic policymakers, particularly the Federal Reserve Board. The laughable consists of a certain mechanical inelasticity," observed French philosopher Henri Bergson, "just where one would expect to find the wide-awake adaptability of a human being. |
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