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'''Inelastic Demand''' is low [[elasticity]].  The percent change in quantity over the percent change in price is a number less than one.  Inelastic goods can have their prices raised without significantly affecting the demand.
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'''Inelastic Demand''' is low [[elasticity]].  The percent change in quantity over the percent change in [[price]] is a number less than one.  Inelastic goods can have their prices raised without significantly affecting the demand.
    
== See also ==
 
== See also ==
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[[Elastic Demand]]
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*[[Elastic Demand]]
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[[Price Elasticity of Demand]]
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*[[Price Elasticity of Demand]]
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*[[Diesel]]
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*[[Guns or butter]]
    
[[Category:Economics]]
 
[[Category:Economics]]
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