Vocab Bloom Hub

inelasticity

/ˌɪn.ɪ.læsˈtɪs.ɪ.ti/

1 entry

Word connections

noun

/ˌɪn.ɪ.læsˈtɪs.ɪ.ti/C1formaltechnical
  • ruСуществительное, обозначающее качество или состояние жесткости или невосприимчивости к изменениям, часто используемое в экономике для описания спроса или предложения, которые существенно не меняются при колебаниях цен.

A noun referring to the quality or state of being rigid or unresponsive to change, often used in economics to describe demand or supply that does not change significantly with price fluctuations.

uncountable

  1. Lack of physical elasticityB2formalscientific

    The property of a material that does not return to its original shape after being stretched or deformed.

    ruНеэластичность

    • The inelasticity of the metal wire caused it to break under tension.
    • Rubber loses its elasticity and shows inelasticity over time.
    • The engineer tested the inelasticity of the plastic sample.

    Synonymsfirmnessinflexibilityrigiditystiffness

    Antonymselasticityresiliencespringiness

  2. Economic unresponsivenessC1formalbusiness

    A characteristic of demand or supply where changes in price result in relatively small changes in quantity demanded or supplied.

    ruНеэластичность

    • The inelasticity of demand for prescription drugs keeps prices high.
    • Market analysts studied the inelasticity of supply for rare minerals.
    • Understanding the inelasticity of essential goods is key to tax policy.

    Synonymsinflexibilityrigiditystickinessunresponsiveness

    Antonymselasticityresponsivenesssensitivity

Forms
  • inelasticities plural form
  • inelasticities' possessive plural form
  • inelasticity's possessive singular form
Vocab Bloom Hub English dataset · 0.3.1

Inherited terms

Vocabulary data from the Vocab Bloom Hub English dataset (CC BY 4.0), https://huggingface.co/datasets/Fristail27/vocab-bloom-hub-en

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