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Answer for the clue "The lack of elasticity ", 12 letters:
inelasticity

Word definitions for inelasticity in dictionaries

The Collaborative International Dictionary Word definitions in The Collaborative International Dictionary
Inelasticity \In`e*las*tic"i*ty\, n. Lack of elasticity.

WordNet Word definitions in WordNet
n. the lack of elasticity [ant: elasticity ]

Wiktionary Word definitions in Wiktionary
n. 1 The quality of being inflexible. 2 (context economics English) The insensitivity of changes in a quantity with respect to changes in another quantity.

Usage examples of inelasticity.

Deriving his idiosyncrasies from both sides of the Channel, he showed at such junctures as the present the inelasticity of the Englishman, together with that blindness to the line where sentiment verges on mawkishness, characteristic of the French.