Inelastic (adjective)

1. Not able to adjust to changes in demand or supply.
2. Not able to change shape easily.

Origin:

This word is formed by the combination of the prefix "in-" meaning "not" and the word "elastic" meaning "able to adjust to changes in demand or supply" or "able to change shape easily".

Examples:

1. The market for luxury goods is inelastic, meaning that the demand for these products does not change much when prices fluctuate.
2. The company's revenue stream was inelastic, meaning that changes in expenses did not result in corresponding changes in revenue.
3. The demand for the product is inelastic, meaning that sales are not affected by changes in price.
4. The market for the product is inelastic, meaning that the supplier can charge a higher price without losing customers.
5. The material is inelastic, meaning that it does not stretch or deform easily.