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    Thread: what InElastic meant?

    1. #1
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      Default what InElastic meant?

      what InElastic meant?


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      Inelastic means something that cannot contrast thereby it maintains a singular form. In forex, when you say the market is inelastic it means that it has been maintaining as vertical movement over time. But in the real sense every market is supposed to be elastic because it has highs and lows which occurs due to trading activities and the fluctuating exchange rates.


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      inelastic is an economic terms reference to the static guantity of goods or services ,when its prices have changes, inelastic means that when the prices goes up, the consumer buying habits stay about the same, and when the price goes down the consumers buying habits also remain unchange .


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      when you say the market is inelastic it means that it has been maintaining as vertical movement over time.when the prices goes up, the consumer buying habits stay about the same, and when the price goes down the consumers buying habits also remain unchange all of these inelastic


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      My dear friends of forum hope you are enjoying your weekend and working on mt5 forum guys in law stick mean in forex that a 1% change in the price of good all service has less than 1% change in the quantity demanded or supplied


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