Pharmaceuticals are a traditional favorite, partly because the demand for them is thought to be relatively inelastic.
More and more small businesses, however, are finding that inelastic timing can be a lethal peril.
Higher education is a relatively inelastic good that is highly subsidized by the government.
This problem is especially prevalent for subsidized goods and services that economists consider to be relatively inelastic.
Lastly, Mr. Barnes added that certain aspects of the memorabilia market remain inelastic with respect to HOF status.
The term inelastic simply refers to a good whose demand is relatively unresponsive to a change in price.
Some people would say that real estate in a geographically contained space like San Francisco is inherently in inelastic supply.
Cigarette consumption can be expected to fall as prices rise, but revenues still increase because demand for cigarettes is relatively inelastic.
They wanted to create inelastic demand so they could keep raising prices.
In the short term supply and demand for food are highly inelastic.
FORBES: Commodity Speculation Kills People: So Says the World Development Movement
No matter how inelastic the demand for any commodity, be it gasoline or tobacco, there are price points where usage declines fairly rapidly.
In other words, in markets with an inelastic supply of homes, the MID will increase the prices of homes rather than their quantity.
FORBES: Heretic Reality: Mortgage Interest Deduction Needs To Be Slashed
Companies that cater to children are subject to a more inelastic demand curve than other firms, says LPL Financial chief investment officer Burt White.
In my paper, I went on to examine whether the increase in imports was attributable to American demand for Chinese goods being price inelastic.
FORBES: Economists Ignore the Facts in Supporting Chinese Currency Legislation
Since the demand curve for drugs is fairly inelastic and I see no reason to think marijuana is an exception this will reduce drug dealer revenue.
FORBES: Marijuana Prohibition Going Up in Smoke? High Hopes for a Drug War Peace Dividend
There are plenty of reasons that American demand for Chinese goods is price inelastic including, most importantly, that there are limited substitutes for those goods.
FORBES: Economists Ignore the Facts in Supporting Chinese Currency Legislation
But inelastic demand works in both directions on the price curve.
Instead, students are finding an inelastic market with collapsing public provision.
FORBES: Does Higher Education Need To Go Back To The Fifties?
Alcohol for Russians, basically, is described as a perfectly inelastic market.
The primary advantage to owning health care properties is that they tend to be recession resistant in that demand for health services is relatively inelastic.
It's one of those products for which there's called inelastic demands.
Which is, erm, exactly what we would expect of something inelastic.
FORBES: Commodity Speculation Kills People: So Says the World Development Movement
The reason that real estate prices in San Francisco respond so vigorously to relatively minor changes in demand is because the supply is so inelastic.
It's inelastic demand, the same as, like, cigarettes, that can go up in price and people keep smoking, because they don't really have much of an alternative.
Starbucks targets a more affluent demographic of coffee drinkers that typically exhibit strong brand loyalty, making demand for its coffee more inelastic with respect to price fluctuations.
Poppies cannot be entirely rooted out, and eradication efforts will only drive up the price of a product for which the demand among addicts is largely inelastic.
As we discussed in the earlier article, Starbucks primarily serves a demographic from which demand is relatively price inelastic, meaning that changes in price does not impact demand.
FORBES: Higher Coffee Prices No Curse For Starbucks But The Stock Is Overvalued Above $30
They face no competition and inelastic demand for their services.
"We are concerned that adding new uses to natural gas, such as in transportation, will create new and relatively inelastic demand that we cannot meet without high prices, " he warned.
Gas consumption is famously inelastic with respect to price.
应用推荐