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.
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"
Translations
inélasticité

inelasticity

n (lit)Mangel man Elastizität; (fig)Mangel man Flexibilität, Starrheit f
References in periodicals archive ?
But any municipality near a major resource may have some inelasticity, whether it be Barrow's proximity to North Slope oil, Dutch Harbor's position near the fishing grounds, Juneau's government or Homer's tourists.
As a result of this price inelasticity, increasingly mortgage bankers have looked to loan size to maximize their per-transaction profits.
Speculation on the causes of high failure rates range from invalid model assumptions such as workers unwillingness to adopt productivity improvements that result in lost jobs, TQM's violation of labor statutes (Grazier 1992), consumer's price inelasticity for quality, to managerial failures such as adopting a faulty philosophy and poor implementation.
That means the temperature at the point of cut is raised to the point where the workpiece material loses its inelasticity.
Given the inelasticity of world demand, and the likelihood that acquaculture is not expected to make a sizable impact for the next 15 to 20 years, demand will likely be restrained by a corresponding advance in overall price levels.
Owing to the relative price inelasticity of demand for many primary commodities, prices and incomes tend to be more volatile than jobs.
STRONG ECONOMIC RATE-MAKING FLEXIBILITY: The system's economic and political rate-making flexibility is demonstrated by its historical track record of raising toll rates, its relatively competitive tolls and a moderate degree of demand inelasticity.
The MSA's cartel-reinforcing provisions sufficiently suppressed competition to enable cigarette companies to take advantage of the price inelasticity of cigarette demand and obtain record profits.
currency stock, they blame that inelasticity on "the absence of a central banking structure" (ibid.
Percy recognizes tuition increases affect the number of enrollees, though demand for Winegar degrees has exhibited remarkable inelasticity over the period of the tuition increases.
I convinced myself that the price inelasticity of demand for gold is for real.
We expect this increasing input cost trend to have a significant impact on Ezz Steel's margins in the short term, given the inelasticity of steel prices at a higher rate of pellet costs.