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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.
   • 3. (of a collision) involving an overall loss of translational kinetic energy.

   Derivatives

   • 1. inelastically adverb
   • 2. inelasticity noun

   Scrabble Points: 11

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   More definitions, origin and scrabble points

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

   www.investopedia.com › terms › e

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   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 it with elastic demand.

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

   dictionary.cambridge.org › dictionary › english

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   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.

4. Videos

   • 

     investopedia.com

     What Is Inelastic? Definition, Calculation, and Examples of Goods

     31 Dec 2008

   • 

     12:45

     youtube.com

     Inelastic Collision Physics Problems In One Dimension - Conservation of Momentum

     3 Oct 2017

     485.2K views

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     6:40

     youtube.com

     Inelastic Demand: Definition and Diagram

     18 Feb 2021

     3K views

   View all

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

   www.investopedia.com › ask › answers

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   Jun 11, 2024 · Inelastic demand is when the demand for a good or service remains unchanged 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...

   www.khanacademy.org › economics-finance-domain

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   An inelastic demand or inelastic supply is one in which elasticity is less than one, indicating low responsiveness to price changes. Unitary elasticities indicate proportional responsiveness of either demand or supply.

   • I would say that it is simply because business class travelers care less about the price, given that they are already not buying the cheapest option.
   • You're right. It's supposed to be 8%. The answer is wrong.
   • The change in price has a less impact on preferences of the people with higher incomes, who prefer the business class. The price is not the most im...
   • No, there is no such thing as a price elasticity of the entire curve. The price elasticity is different for every point.
   • P = 2/Q cannot be re-written as 2P = Q. That's incorrect algebra.
   • The answers to the self-check questions are below the questions. The answers to the other questions aren't given.
   • Here's my answers to the problems: (1) E = |(1/5.5)/(-3/31.5)| = 1.91 Thus the demand curve is elastic here. (2) E1 = |(0.1/0.45)/(-1/4.5)| = 1 E2...

7. www.khanacademy.org › economics-finance-domain › apIntroduction to price elasticity of demand (video) | Khan Academy

   www.khanacademy.org › economics-finance-domain › ap

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   And a general rule of thumb is if your absolute value of your price elasticity of demand is less than one, you are dealing with an inelastic, inelastic, elastic situation; and if your price elasticity of demand, the absolute value of it, is greater than one, you're dealing with an elastic situation.

   • Video Duration: 9 min

8. www.dictionary.com › browse › inelasticINELASTIC Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › inelastic

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   Inelastic definition: not elastic; lacking flexibility or resilience; unyielding.. See examples of INELASTIC used in a sentence.

9. www.merriam-webster.com › dictionary › inelasticInelastic Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › inelastic

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   Inelastic means not elastic, such as inflexible, unyielding, or slow to react. Learn more about the word history, examples, synonyms, and related phrases of inelastic.