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inelasticity
Variant of inelastic
adjective
- not elastic; inflexible, rigid, unyielding, unadaptable, etc.
- Econ. not responding to changes in price: said of the demand for, or supply of, particular goods or services
Related Forms:
- inelasticity noun
Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio. Used by arrangement with John Wiley & Sons, Inc.
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