Inelastic means the product is less sensitive to price movements—food and gas are examples of inelastic supply goods. Price elasticity of supply is the responsiveness of a supply of a good or ...
Reviewed by Michael J Boyle Fact checked by Michael Rosenston Goods and services can be either elastic or inelastic. Elastic ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback