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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With E
  5. Elastic Demand

Elastic Demand

Definition of 'Elastic Demand'

Where the price elasticity is more negative that -1.

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Related Terms

Derived DemandAggregate Demand ScheduleMarket Demand CurveSupply-Side PolicyAccelerator ModelAccommodatory Monetary PolicyCross Price Elasticity of DemandCrowding OutExcess CapacityIncome Elasticity of DemandAggregate DemandBill of ExchangeCallClassical UnemploymentComparative StaticsDemandDemand ManagementFlight From MoneyGreenshoeHard Currency

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