— inelasticity /in'i la stis"i tee/ , n.
/in'i las"tik/ , adj.
1. not elastic; lacking flexibility or resilience; unyielding.
2. Econ. relatively unresponsive to changes, as demand when it fails to increase in proportion to a decrease in price. Cf. elastic (def. 6).
[ 1740-50; IN- 3 + ELASTIC ]
Syn. 1. inflexible; rigid, uncompromising.