perfectly inelastic supplies

A form of perfectly inelastic supply — A situation in which firms/producers can only supply a fixed quantity, hence cannot increase, or decrease the available amount even if there are increases/decreases in price. (Elasticity of supply = 0)

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Meanings

noun
  1. pluralplural of perfectly inelastic supply
Cite this entry
APA

perfectly inelastic supplies. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/perfectly%20inelastic%20supplies

MLA

“perfectly inelastic supplies.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/perfectly%20inelastic%20supplies. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “perfectly inelastic supplies,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/perfectly%20inelastic%20supplies.

Source: perfectly inelastic supplies on Wiktionary, CC BY-SA 4.0.