income-elastic
income-elastic adjective: of a good or service: such that consumer demand increases in line with the amount of money that consumers have available to spend.
Adjective
income-elastic (comparative more income-elastic, superlative most income-elastic)
Forms of income-elastic
| comparative | more income-elastic |
|---|---|
| superlative | most income-elastic |
Questions about income-elastic
- What does income-elastic mean?
- Income-elastic means of a good or service: such that consumer demand increases in line with the amount of money that consumers have available to spend.
- What part of speech is income-elastic?
- Income-elastic is an adjective.
Words near income-elastic in the dictionary
Source and license
Adapted from Wiktionary: income-elastic (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “income-elastic.” Word.ws, https://word.ws/income-elastic. Based on Wiktionary, CC BY-SA 4.0.
