elastic supply

Popular Terms
Supply of a good or service that increases or decreases as the price of an item goes down or up. See also elasticity of supply.

Use 'elastic supply' in a Sentence

You may find that you have an elastic supply and will need to figure out how to replenish it when you need it.
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The elastic supply remained flexible as the market was ready to listen to the demand to see how many to produce.
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Our elastic supply was running low because business was not doing as good as it was a few months ago.
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