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inelasticity

in·e·las·tic
I i

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [in-i-las-tik]
    • /ˌɪn ɪˈlæs tɪk/
    • /ˌɪ.nɪ.læs.ˈtɪ.sɪ.tɪ/
    • US Pronunciation
    • US IPA
    • [in-i-las-tik]
    • /ˌɪn ɪˈlæs tɪk/

Definitions of inelasticity word

  • adjective inelasticity not elastic; lacking flexibility or resilience; unyielding. 1
  • adjective inelasticity Economics. relatively unresponsive to changes, as demand when it fails to increase in proportion to a decrease in price. Compare elastic (def 6). 1
  • noun inelasticity The quality of being inflexible. 1
  • noun inelasticity (economics) The insensitivity of changes in a quantity with respect to changes in another quantity. 0

Information block about the term

Origin of inelasticity

First appearance:

before 1740
One of the 48% newest English words
First recorded in 1740-50; in-3 + elastic

Historical Comparancy

Parts of speech for Inelasticity

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

inelasticity popularity

A common word. It’s meaning is known to most children of preschool age. About 71% of English native speakers know the meaning and use the word.
According to our data about 51% of words is more used. This is a rare but used term. It occurs in the pages of specialized literature and in the speech of educated people.

inelasticity usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for inelasticity

noun inelasticity

  • inflexibility — not flexible; incapable of or resistant to being bent; rigid: an inflexible steel rod.
  • toughness — strong and durable; not easily broken or cut.
  • hardness — the state or quality of being hard: the hardness of ice.
  • durability — able to resist wear, decay, etc., well; lasting; enduring.
  • solidity — the state, property, or quality of being solid.

Antonyms for inelasticity

noun inelasticity

  • flexibility — capable of being bent, usually without breaking; easily bent: a flexible ruler.
  • weakness — the state or quality of being weak; lack of strength, firmness, vigor, or the like; feebleness.
  • infirmity — a physical weakness or ailment: the infirmities of age.
  • instability — the quality or state of being unstable; lack of stability or firmness.
  • indefiniteness — not definite; without fixed or specified limit; unlimited: an indefinite number.

Top questions with inelasticity

  • what is inelasticity?
  • what does inelasticity mean?
  • what is price inelasticity of demand?

See also

Matching words

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