INELASTIC


Meaning of INELASTIC in English

— 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.

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .