inelastic supply

  

Definition

A market situation in which any increase or decrease in the price of a good or service does not result in a corresponding increase or decrease in its supply.

Related Videos




http://www.businessdictionary.com/definition/inelastic-supply.html

Featured Sponsor

Search for another term

advertise here

Nearby Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z