What is another word for inelastic?
In this page you can discover 15 synonyms, antonyms, idiomatic expressions, and related words for inelastic, like: unyielding, stable, collisional, rigid, stiff, inductile, inextensible, inflexible, unadaptable, unbending and flexible.
What is the meaning elasticated?
Adjective. elasticated (not comparable) Of clothing or part of a garment, containing a strip or strips of elastic, especially in the waistband, cuffs or the ends of the legs, in order to make the clothing fit snugly. an elasticated jacket slacks with an elasticated waistband.
What’s another word for predictive?
In this page you can discover 14 synonyms, antonyms, idiomatic expressions, and related words for predictive, like: prognostic, auspicious, sinister, portentous, imminent, forbidding, ominous, foresight, prognosticative, diagnostic and numerical.
What is another word for nonfunctional?
Similar words for non-functional: impractical/impracticable (adjective) other relevant words (adjective) unusable (adjective) useless (adjective)
What does inelastic mean in economics?
Demand can be classified as elastic, inelastic or unitary. An elastic demand is one in which the change in quantity demanded due to a change in price is large. An inelastic demand is one in which the change in quantity demanded due to a change in price is small.
Which is the closest antonym for the word elastic?
Is Elast a word?
The word elast(o)-has been derived from the Greek word elastos which means ductile or flexible.
What is predictive Modelling and forecasting?
In short, predictive modeling is a statistical technique using machine learning and data mining to predict and forecast likely future outcomes with the aid of historical and existing data. It works by analyzing current and historical data and projecting what it learns on a model generated to forecast likely outcomes.
What is predictive research?
Predictive research is chiefly concerned with forecasting (predicting) outcomes, consequences, costs, or effects. This type of research tries to extrapolate from the analysis of existing phenomena, policies, or other entities in order to predict something that has not been tried, tested, or proposed before.
What is non operational?
Definition of nonoperational : not operational: such as. a : not functional or ready for use a nonoperational clock. b : not of or relating to the operation of a business or machine Layoffs were limited to nonoperational positions. nonoperational expenses.
What is the difference between elastic and inelastic supply?
An elastic demand or elastic supply is one in which the elasticity is greater than one, indicating a high responsiveness to changes in price. An inelastic demand or inelastic supply is one in which elasticity is less than one, indicating low responsiveness to price changes.
What is the noun form of elastic?
b : receptive to new ideas : adaptable an elastic mind. elastic. noun. Definition of elastic (Entry 2 of 2) 1a : easily stretched rubber usually prepared in cords, strings, or bands.
What is another word for elasticity in economics?
Elastic is a term used in economics to describe a change in the behavior of buyers and sellers in response to a change in price for a good or service. In other words, demand elasticity or inelasticity for a product or good is determined by how much demand for the product changes as the price increases or decreases.
What is elastic in business?
How do you say something is elastic?