The process is slow in happening. The level at which the consumer starts making changes is pretty inelastic, In other words, it takes a high threshold of pain before they start making changes.
Quotes about inelastic (7 Quotes)
Those are kind of defensive stocks, with fairly inelastic demand. In good times and bad, you're going to use those types of products.
One cannot buy, rent or hire more time. The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it. Time is totally perishable and cannot be stored. Yesterday's time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time. All work takes place in, and uses up time. Yet most people take for granted this unique, irreplaceable and necessary resource.
(Large-cap) stocks provide the same relative safety and advantages that large-cap drug stocks provide. Despite the economic environment, people do need their drugs. Large-cap drug stocks are seen as a safe haven with relatively inelastic demand.
The research included neutron resonance spectroscopy, the angular distribution of pion elastic and inelastic scattering on nuclei with optical model fitting.
DICTIONARY, n. A malevolent literary device for cramping the growth of a language and making it hard and inelastic. This my dictionary, however, is a most useful work.
The closer the bird is to the surface of the water, the firmer and more inelastic is the uplift of the rising air. The bird appears to almost feel the surface with the tip of its weather wing.