| 单词 | inelastic demand |
| 释义 | inelastic demandDemand whose percentage change is less than a percentage change in price. For example, if the price of a commodity rises twenty-five percent and demand decreases by only two percent, demand is said to be inelastic. (See elasticity.) Words nearby inelastic demandinefficient, in effigy, inegalitarian, inelastic, inelastic collision, inelastic demand, inelastic scattering, inelastic supply, inelegance, inelegancy, inelegant The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved. |
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