inelasticity
- noun
- /ˌɪnɪˈlæstɪsɪti/
- Specialized
:
inelasticidad
- The inelasticity of certain materials indicates their tendency to retain new shapes rather than revert back when the force is removed.
- increased inelasticity
Examples
-
Due to the inelasticity of demand for gasoline, we have had just a few percent reduction in demand despite massive price increases.
Blog text (11) -
The inelasticity of rubber bands means they do not return to their original shape after being stretched too far.
-
So when you think about the various uses of silver and you think about the inelasticity of supply.
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Much of this inelasticity is driven by the cut-off value for insurance.
Academic text (2016) -
However, one feature is common: the values are all less than one, reflecting either inelasticity or moderate elasticity.
Academic text (1999) -
The actual value of the velocity dispersion depends on the degree of inelasticity, which must increase with impact speed for this equilibrium to be possible.
Academic text (1995) -
Several studies found similar results regarding ticket price inelasticity (Coffin, 1996; Pan, Zhu, Gabert, & Brown, 1999; Schofield, 1983; Siegfried & Eisenberg, 1980).
Academic text (2017) -
Because of the position of the demand curves and the inelasticity of the judicial supply curve at the points where it intersects the demand curves, D3 and D2 are exactly evenly matched in terms of expected outcomes in the judicial arena.
Academic text (1997) -
Due to the inelasticity of demand for essential goods, prices tend to rise significantly without causing a large drop in quantity sold.
Synonyms
3
6.0
Not able to bend or change shape easily
Stiffness that makes something hard to bend
Not able to bend the body or joints easily
Stiffness that makes a body part or object hard to bend
The quality of not being able to be shaped or bent
A state when something stays the same over time
A state in which something stays the same
Antonyms
- Specialized
6
4.5
Ability of a material to return to its original shape after being stretched or squashed
How Elastic
- Specialized
6
4.5
1
5.9
37
3.0
- Specialized
- Specialized
3
6.0
Surface Forms
Morphology
Etymology
Inelasticity breaks into in- meaning 'not' and elastic meaning 'to stretch', just like an elastic band. So inelasticity is the quality of 'not stretching back' or of not changing much when something pulls or pushes it, which fits both stiff skin and demand that does not respond to price changes.