Nota: A tradução desta entrada está atualmente em revisão de qualidade, portanto parte do conteúdo é exibida temporariamente apenas em inglês.
Este verbete ainda não foi traduzido para o seu idioma, portanto o original é exibido abaixo.
inelasticity
This term describes a rigid state where a system or material fails to adapt or respond to external pressure. In a physical sense, it evokes a feeling of brittleness or stubbornness, where a substance resists deformation or breaks rather than stretching. It is the direct opposite of flexibility and resilience.
In economic discourse, the word shifts from a physical property to a behavioral one. It characterizes a lack of sensitivity to price fluctuations, often associated with essential goods like medicine or fuel. In this context, it implies a forced necessity or a lack of viable alternatives for the consumer.
Meanings
Examples
The inelasticity of the old rubber band caused it to snap immediately.
The price inelasticity of insulin means patients must buy it regardless of the cost.
We need to account for the inelasticity of the material when designing the joint.
Why is there such a high level of inelasticity in the housing market right now?
The structural inelasticity of the beam prevented any further bending under the load.
I wonder if the inelasticity of demand for salt is truly absolute.
The polymer exhibited a surprising degree of inelasticity at low temperatures.
The polymer exhibited a surprising degree of inelasticity at low temperatures.
The company relied on the inelasticity of its customer base to raise subscription fees.