Supply could be perfectly inelastic in the case of a unique good such as a work of art. No matter how much consumers are willing to pay for it, there can never be more than one original version of it.

For example, the collapse of the U.S. housing bubble in 2008 largely due to risky lending practices had worldwide effects on the aggregate demand and supply curve during the Great Recession.

Economists talk about inelastic supply, or about a vertical supply curve, when higher price doesn’t result in more production. Figure 3. Image of vertical supply curve from Wikipedia "Supply and ...

Supply and demand in terms of the quantity of the goods are balanced at the point where an upward-sloping supply curve and a downward ... Demand for basic necessities is relatively inelastic.

The demand curve is one of the lines on a supply and demand graph. ... it may indicate that demand is inelastic and customers will be willing to pay an even higher price.

This paper deals with the retailers of goods with an inelastic supply function which include agricultural and marine products. We propose and apply a new empirical method to measure the retail ...

We present evidence of inelastic demand for risky sovereign bonds and explore its implications for optimal government debt policies. Using monthly changes in the composition of a major international ...

The Indian states trying to place orders directly with drug makers for COVID-19 vaccines are facing an inelastic supply curve at least for the next two months, and this approach is also leading to ...