Dictionary
Find
in
Dictionary
Thesaurus
Translations

Click to move up the list of words
infielder
infighting
infill
infiltrate
infimum
infin.
Infinite
infinite
infinite elasticity of demand
infinite elasticity of supply
infinite loop
infinitesimal
infinitesimal calculus
infinitesimal dose
infinitive
infinitude
infinity
Click to move down the list of words
Print Preview
See pronunciation key
Search for "infinite elastici... of demand" in all of MSN Encarta
E-mail this entry
Blog about this entry on MSN Spaces
Download the MSN Encarta Right-Click Dictionary

infinite elasticity of demand

in·fi·nite e·las·tic·i·ty of de·mand


noun 
Definition:
 
unlimited demand at a restricted price: the economic situation that exists when there is almost unlimited demand for a product or service at one price, but no demand at a higher one

Advertisement

Also on Encarta
Englishtown: Learn English online
Our Partners
Also on MSN
Encarta Message Boards (© Rubberball/Jupiterimages)
MSN Shopping
Upgrade your Encarta experience
Encarta RSS Feeds
© 2008 Microsoft