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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With I
  5. Inelastic Demand

Inelastic Demand

Definition of 'Inelastic Demand'

Where the price elasticity lies between -1 and 0.

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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 ManagementElastic DemandFlight From MoneyGreenshoe

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