inelastic definition, meaning - what is inelastic in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

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English definition of “inelastic”

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inelastic

adjective uk   /ˌɪn.ɪˈlæs.tɪk/  us   /-t̬ɪk/
not changing much, or not allowing much change: For skilled occupations the supply of labour is typically fairly inelastic, because few workers are capable of doing the work. The demand for services such as water, gas, and electricity is relatively inelastic.
Translations of “inelastic”
in Chinese (Traditional) 無變化的,不容許變化的,沒有彈性的…
in Chinese (Simplified) 无变化的…
(Definition of inelastic from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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