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Examples
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Inelastic demand will decrease by less than one percent for every one percent increase in price.
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Inelastic money demand the opposite of a liquidity trap, which would be super-elastic money demand, is a weird case to think about, because it makes the Fed unable to determine the money supply.
Back to the Macro Text, Bryan Caplan | EconLog | Library of Economics and Liberty 2009
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Inelastic demand, I heard economists call it. serial catowner Says:
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Also, available any minute now is Ellen Datlow's horror anthology Inferno, in which I have a short story, "Inelastic Collisions," which is closely related to "Long Cold Day" and "Follow Me Light."
best. holiday. icon. evar. truepenny 2007
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Inelastic money demand the opposite of a liquidity trap, which would be super-elastic money demand, is a weird case to think about, because it makes the Fed unable to determine the money supply.
Macroeconomists Behaving Badly, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Inelastic demand would mean that even a small reduction in quantity would lead to a huge price for permits, which would be exactly the same outcome as having a very high tax.
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Inelastic collisions are the basis for the formation of all structure in the Universe.
The Arrow of Time in Scientific American Sean 2008
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(Inelastic collisions produce heat, sound, and stresses, all of which increase the entropy.)
The Arrow of Time in Scientific American Sean 2008
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Inelastic collisions are just completely conventional examples of macroscopic time-asymmetry: start with low-entropy initial conditions, and watch the entropy increase.
The Arrow of Time in Scientific American Sean 2008
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Unintentional Irony: Inelastic Demand and the Extinction of Species skip to main
Inelastic Demand and the Extinction of Species James Killus 2007
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