Inelasticity
in example sentence
Despite the oil market’s size, speculation can move prices because of the
inelasticity
of demand and supply.
More example sentences with word inelasticity
The added inflexibility (or inelasticity) amplifies the price response to a real or perceived crop shortfall either in the US or elsewhere.
This change is due, equally, to downgrades in the ratings of heavily indebted crisis countries’ government bonds, which make them unattractive for use in international transactions, and the
inelasticity
of other sources of supply.
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