inelastic Hear it!

inelastic definition

in·elas·tic (in′ē las′tik, -i las′-)

adjective

  1. not elastic; inflexible, rigid, unyielding, unadaptable, etc.
  2. Econ. not responding to changes in price: said of the demand for, or supply of, particular goods or services

Related Forms:

  • inelasticity in·elas·tic·ity (in′ē′las tis′ə tē) noun

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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