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demand vs elastic demand

elastic demand vs demand

demand and elastic demand both are nouns.

demand is a verb but elastic demand is not a verb.

Word NounAdjectiveVerbAdverb
demand Yes No Yes No
elastic demand Yes No No No
As nouns, elastic demand is a hyponym of demand; that is, elastic demand is a word with a more specific, narrower meaning than demand:
  • demand: the ability and desire to purchase goods and services
  • elastic demand: demand that increases or decreases as the price of a good or service decreases or increases.
demand (noun) elastic demand (noun)
the act of demanding demand that increases or decreases as the price of a good or service decreases or increases.
required activity
an urgent or peremptory request
the ability and desire to purchase goods and services
a condition requiring relief
demand (verb) elastic demand (verb)
request urgently and forcefully
claim as due or just
summon to court
ask to be informed of
lay legal claim to
require as useful, just, or proper
Difference between demand and elastic demand

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