inelastic supply

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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.)

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His boss, whom he admires, is waiting to meet with him about the big project.

His boss, who he admires, is waiting to meet with him about the big project.

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Words nearby inelastic supply

inegalitarian, inelastic, inelastic collision, inelastic demand, inelastic scattering, inelastic supply, inelegance, inelegancy, inelegant, ineligible, ineloquent

How to use inelastic supply in a sentence

Fluoride first entered an American water supply through a rather inelegant technocratic scheme.
Anti-Fluoriders Are The OG Anti-Vaxxers|Michael Schulson|July 27, 2016|DAILY BEAST
But the qualities Mario Cuomo brought to public life—compassion, integrity, commitment to principle—remain in short supply today.
President Cuomo Would’ve Been a Lion|Jonathan Alter|January 2, 2015|DAILY BEAST
If you answered seven or more of these correctly, you are eligible for a lifetime supply of Metamucil.
The World’s Toughest Political Quiz|Jeff Greenfield|December 31, 2014|DAILY BEAST
In Mosul, foreign fighters have left, the city is flooded with refugees and supply routes are cut off.
Has the Kurdish Victory at Sinjar Turned the Tide of ISIS War?|Niqash|December 27, 2014|DAILY BEAST

It would seek to cut off the main Allied lines of supply and communication.
Hitler’s Hail Mary|James A. Warren|December 20, 2014|DAILY BEAST
First, how about the expansibility needed to supply adequate funds for crop-moving?
Readings in Money and Banking|Chester Arthur Phillips
What course was taken to supply that assembly when any noble family became extinct?
Gulliver's Travels|Jonathan Swift
You see, I am the city undertaker, and the people are dying here so fast, that I can hardly supply the demand for coffins.
The Book of Anecdotes and Budget of Fun;|Various
Almost one-quarter of the total supply printed has been placed in circulation.
Readings in Money and Banking|Chester Arthur Phillips
From the point of view of cover, the gold certificate is completely inelastic.
Readings in Money and Banking|Chester Arthur Phillips