Pronunciation: /ɪˈnɛlæstɪk/
noun a material or substance that is inelastic
A1 I learned about inelastic demand in my economics class.
A2 The inelasticity of the material made it difficult to stretch.
B1 The inelastic of the rubber band caused it to snap when stretched too far.
B2 The inelastic nature of the market led to a price increase despite a decrease in demand.
C1 The inelasticity of the company's pricing strategy resulted in steady revenue growth.
C2 The inelasticity of the law made it difficult to adapt to changing societal norms.
adjective not capable of being stretched or expanded; rigid
A1 The rubber band is inelastic and does not stretch much.
A2 The demand for basic necessities like food and water is inelastic.
B1 The price of gasoline is considered inelastic as people still need to buy it regardless of the cost.
B2 The company's decision to raise prices was based on the inelastic nature of their product's demand.
C1 Elasticity of demand plays a crucial role in determining the inelasticity of certain goods and services.
C2 Economists study the concept of inelasticity to understand how consumers respond to changes in prices for essential products.
formal The demand for basic necessities like food and water is considered inelastic because people will always need them regardless of price changes.
informal I heard that the price of gas is inelastic, which means it doesn't really change much even when there's a shortage.
slang My mom's rule about curfew is totally inelastic - she never lets me stay out past midnight no matter what.
figurative Her commitment to her principles is inelastic, she never wavers no matter how difficult the situation gets.
inelasticized
inelastics
more inelastic
most inelastic
inelasticates
will be inelastic
has been inelastic
is being inelastic
inelastic
inelastic
inelasticize
inelasticizing
inelasticized