inelasticity
UK/.inilæs'tisiti/US
GREC2
Definitions
n.
The state of being inelastic; lack of flexibility or responsiveness
无弹性，缺乏灵活性
Root Breakdown
Root-derivedin-not, opposite of
+
-icstate, quality, condition
+
-itystate, quality, condition
=inelasticity
inelastic + -ity = the state of being inelastic. The abstract noun, mainly an economics term: the inelasticity of demand for essentials.
Root elastic still carries 4 more wordsCommon Collocations
- 1.price inelasticity价格缺乏弹性
- 2.demand inelasticity需求缺乏弹性
Example Sentences
- 1.
The inelasticity of demand keeps fuel prices steady.
- 2.
Price inelasticity allows producers to raise prices safely.