Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. Unfortunately, the ...

The relationship between the supply and demand for a good (or service) and changes in price is called elasticity. Goods that are inelastic are relatively insensitive to changes in price, whereas ...

What all recession-proof companies have in common is that demand for their products and services is relatively inelastic. Customers have little flexibility even when budgets are tight. Many ...

When demand or supply is inelastic, deadweight loss tends to be higher. In these cases, consumers and producers may find it challenging to adjust their behavior in response to tax-induced price ...

Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing ...

Its services are essential, making demand relatively inelastic even during economic downturns. Holding a significant market share (over 36%) in the US dialysis market, the company has a moat.

A rubber band undergoes elastic distortion when stretched a little. A metal drinks can undergoes inelastic distortion when it is squashed.