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  1. Dictionary
    inelastic
    /ˌɪnɪˈlastɪk/

    adjective

    • 1. (of a substance or material) not elastic: "a tough, inelastic membrane"
    • 2. (of demand or supply) insensitive to changes in price or income.

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  2. www.investopedia.com › terms › eWhat Is Inelastic? Definition, Calculation, and Examples of Goods

    Jun 15, 2024 · Inelastic demand means that the quantity of a good or service remains unchanged or changes little when its price changes. Learn how to calculate inelastic demand, see examples of inelastic goods, and contrast them with elastic goods.

  3. dictionary.cambridge.org › dictionary › englishINELASTIC | English meaning - Cambridge Dictionary

    Inelastic means not changing much, or not allowing much change, especially in economics or physics. Learn how to use this adjective with sentences and synonyms from the Cambridge Dictionary.

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  5. www.investopedia.com › ask › answersElasticity vs. Inelasticity of Demand: What's the Difference?

    Jul 2, 2024 · Inelastic demand is when the quantity demanded of a good or service remains unchanged or slightly changes even when the price changes. Learn how to calculate inelastic demand, what factors influence it, and how it differs from elastic demand.

  6. www.khanacademy.org › economics-finance-domainPrice elasticity of demand and price elasticity of supply - Khan...

    Learn how to calculate and interpret price elasticity of demand and supply, which measures the responsiveness of quantity to price changes. Inelastic demand or supply means that quantity changes less than proportionally with price.

  7. www.thebalancemoney.com › inelastic-demand-definitionWhat Is Inelastic Demand? - The Balance

    Aug 5, 2022 · Inelastic demand in economics occurs when the demand for a product doesn't change as much as the price. A steep demand curve graphically represents inelastic demand. The steeper the curve, the more inelastic the demand for that product or service is.

  8. www.economicsonline.co.uk › definitions › what-is-inelasticWhat Is Inelastic Demand? - Economics Online

    Dec 18, 2021 · Inelastic demand is when the quantity demanded of a product or service does not change much as the price changes. Learn how to calculate inelastic demand, see examples of real-world products with inelastic demand, and understand the inelastic demand curve.

  9. www.masterclass.com › articles › elastic-vs-inelasticElastic vs. Inelastic Demand: Guide to Elasticity and...

    Oct 12, 2022 · Demand is elastic if a small change in price leads to a large change in quantity demanded, and inelastic if the opposite is true. Learn how to measure and apply elasticity and inelasticity of demand in microeconomics.