TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

INELASTIC [2 records]

Record 1 1981-01-27

English

Subject field(s)
  • Laws of the Market (Economy)
OBS

(...) we call supply elastic or inelastic depending upon whether the percentage rise in Q is respectively greater than or less than the percentage rise in P bringing it about.

French

Domaine(s)
  • Lois du marché (Économie)

Spanish

Save record 1

Record 2 1975-03-11

English

Subject field(s)
  • Economics
  • Laws of the Market (Economy)
CONT

Where the percentage increase of the amount demanded is greater than the percentage reduction of price, the demand is described as "elastic"; if it is less, "inelastic".

French

Domaine(s)
  • Économique
  • Lois du marché (Économie)
CONT

Quand l'élasticité a une valeur numérale inférieure à 1, on dit que la demande est inélastique : elle s'accroît moins que proportionnellement lorsque le prix baisse; elle ne répond guère aux hausses de prix.

Spanish

Save record 2

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