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inelastic supply

Cultural  
  1. Supply whose percentage change is less than a percentage change in price. For example, if the price of a commodity drops twenty-five percent and supply decreases by only two percent, supply is said to be inelastic. (See elasticity.)


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

“Bitcoin global demand is still finding its place relative to constrained/inelastic supply.”

From Reuters

“Bitcoin global demand is still finding its place relative to constrained/inelastic supply.”

From Reuters

If you’ve a market with a pretty inelastic demand and also a pretty inelastic supply then it’s the price that is going to do the dancing all over the place.

From Forbes

In economic terms, inelastic supply, elastic demand and thus large price swings are possible.

From Forbes

The "standard economic dynamic of increasing demand and inelastic supply."

From Los Angeles Times