Economists speak of an inelastic price structure. From Wordnet, Princeton University.
The term inelastic simply refers to a good whose demand is relatively unresponsive to a change in price. From Wordnik.com. [Forbes.com: News] Reference
I’m using the term inelastic to mean that, to the extent the plan is funded by the government, you cannot not pay for it. From Wordnik.com. [The Volokh Conspiracy » Failing To Understand How Markets Work:] Reference
ShelbyC: I’m using the term inelastic to mean that, to the extent the plan is funded by the government, you cannot not pay for it. From Wordnik.com. [The Volokh Conspiracy » Failing To Understand How Markets Work:] Reference
One of the results of the internet bubble is that certain inelastic inputs had highly inflated prices. From Wordnik.com. [Getting Ricardo Wrong, Arnold Kling | EconLog | Library of Economics and Liberty] Reference
Oil is a poor analog because I’m not sure a short-term inelastic product compares to any form of information. From Wordnik.com. [The plummeting value of newspapers « BuzzMachine] Reference
Demand for gasoline is relatively "inelastic," in the short run. From Wordnik.com. [James Love: Incidence of Changes in Gasoline Taxes] Reference
That fossil fuel consumption isn't as 'inelastic' as some thought. From Wordnik.com. [Michael Graham Richard: Americans Drove 9.6 Billion Fewer Miles in May 2008, Biggest Drop in 66 Years] Reference
Coffee is considered price inelastic, meaning changes have little effect on consumption. From Wordnik.com. [Speculators Put Jolt] Reference
Your good is price inelastic, meaning that an increase in price only causes a small decrease in demand. From Wordnik.com. [Conservapedia - Recent changes [en]] Reference
If the percent change in quantity demanded is less than the percent change in price, then the good is considered "inelastic". From Wordnik.com. [Conservapedia - Recent changes [en]] Reference
They physically collide, typically at parabolic speeds of a few hundred km / sec, and such collisions tend to be "inelastic". From Wordnik.com. [ScienceBlogs Channel : Life Science] Reference
Since oil demand is relatively "inelastic," the price of oil will be bid up until it slows the global economy enough to reduce demand. From Wordnik.com. [The Speculist: Nano Energy and "the Peak"] Reference
Jean's conscience was as inelastic as a yard stick. From Wordnik.com. [Wild Wings A Romance of Youth] Reference
A heavy, inelastic step creaked across the floor behind him. From Wordnik.com. [Juggernaut] Reference
I'd say that until recently, demand has been relatively inelastic. From Wordnik.com. [Election Central Morning Roundup] Reference
This is because short-term import demand is somewhat price inelastic. From Wordnik.com. [A Revalued People's Currency? Be Careful What You Wish For] Reference
He paced the floor, his mind in its chaotic desperation, numb and inelastic. From Wordnik.com. [Kenny] Reference
The three filed past her, Sir Charles walking with a firm if inelastic tread. From Wordnik.com. [Juggernaut] Reference
Tariff Reform is not one-ideaed, rigid, inelastic, as our existing system is. From Wordnik.com. [Constructive Imperialism] Reference
Moving great weights through small spaces produces a slow, inelastic, inflexible man. From Wordnik.com. [The Atlantic Monthly, Volume 10, No. 58, August, 1862] Reference
Observe and account for the differences in the flow of water through the inelastic tube. From Wordnik.com. [Physiology and Hygiene for Secondary Schools] Reference
Some voices are expressive and carry emotion easily, while others are hard and inelastic. From Wordnik.com. [Spirit and Music] Reference
Why not set new price floors when consumers demonstrate inelastic demand for raw materials?. From Wordnik.com. [Richard Thomas: Commodities are No Country For Old Men] Reference
The market for gas is relatively inelastic, and the guys who run the oil companies know this. From Wordnik.com. [Obama Releases Another Ad Hitting Hillary Over Gas Tax Holiday] Reference
Lead is the softest and weakest of all the commercial metals, being very pliable and inelastic. From Wordnik.com. [Oxy-Acetylene Welding and Cutting Electric, Forge and Thermit Welding together with related methods and materials used in metal working and the oxygen process for removal of carbon] Reference
In a few days the outer skin becomes rather firm and inelastic so it will not allow further growth. From Wordnik.com. [Insects and Diseases A Popular Account of the Way in Which Insects may Spread or Cause some of our Common Diseases] Reference
"Where is she?" asked the father, new lines of joy making havoc of a mask scored by inelastic sorrow. From Wordnik.com. [Ambrotox and Limping Dick] Reference
In a nutshell, there is a huge, inelastic demand for college texts, even though textbook prices are high. From Wordnik.com. [doggdot.us] Reference
Their grammar deals only with superlatives; and the positive seems to them inelastic, dead and common-place. From Wordnik.com. [The Idler Magazine, Vol III. May 1893 An Illustrated Monthly] Reference
There is a critical distinction between the technical term "inelastic demand" and the phrase "unresponsive to price". From Wordnik.com. [Robert Stavins: Misconceptions About Water Pricing] Reference
"The objective," he says, "cannot be destroying narcotrafficking or drug-related crime, because demand is inelastic.". From Wordnik.com. [Mexico Under Siege] Reference
There is an assumption that demand for higher education is inelastic, and relatively speaking that has been shown to be true. From Wordnik.com. [Howard Schweber: The Next Crisis: Higher Education] Reference
Gwen glanced at him quickly, for his voice was strangely heavy and inelastic, and an unmistakable gloom had settled upon him. From Wordnik.com. [The Darrow Enigma] Reference
Demand for spring wheat has proved to be largely inelastic, despite high prices, as it is used in bakery flour for food products. From Wordnik.com. [Traders Are Eating Up Wheat] Reference
As much as supply is certainly inelastic - you know how hard it is to get oil from Canadian oil sands or from 5 miles under water?. From Wordnik.com. [Andrew Winston: $500 Oil? Why Not $1,000? Does It Matter?] Reference
Repeal the tax and the price will hardly budge because supply is very inelastic relative to demand (which isn't terribly elastic itself). From Wordnik.com. [Obama Releases Another Ad Hitting Hillary Over Gas Tax Holiday] Reference
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