Elasticity

Elasticity,

Definition of Elasticity:

  1. Statistics: Degree to which a dependant variable (such as expenditure) changes in response to a change in an associated independent variable (such as income).

  2. The ability of an object or material to resume its normal shape after being stretched or compressed; stretchiness.

  3. The degree to which a demand or supply is sensitive to changes in price or income.

  4. Ability to change and adapt; adaptability.

  5. Economics: Measure of the responsiveness of demand and supply of a good or service to an increase or decrease in its price.

  6. Engineering: Ability of a material to recover its original dimensions, and to return to its original shape, after being subjected to a stress. See also Hookes law.

Synonyms of Elasticity

Adaptability, Adjustability, Agreeability, Amenability, Beef, Beefiness, Bendability, Brawn, Brawniness, Ductibility, Ductility, Extendibility, Extensibility, Facility, Fictility, Flexibility, Flexility, Flexuousness, Formativeness, Give, Heftiness, Huskiness, Impressionability, Involuntary muscle, Limberness, Litheness, Malleability, Moldability, Muscle, Muscularity, Musculature, Physique, Plasticity, Pliability, Pliancy, Receptiveness, Resilience, Responsiveness, Rubberiness, Sensibility, Sensitiveness, Sequacity, Sinew, Sinewiness, Sinews, Springiness, Stretch, Stretchability, Stretchiness, Submissiveness, Suppleness, Susceptibility, Tensileness, Tensility, Thew, Thewiness, Thews, Tolerance, Tone, Tractability, Tractility, Voluntary muscle, Willowiness, Stretchiness, Flexibility, Pliancy, Suppleness, Rubberiness, Plasticity, Resilience, Springiness

How to use Elasticity in a sentence?

  1. Aging can decrease the elasticity of your skin.
  2. The rubbery space-age material could stretch to unbelievable lengths and then, because of its natural elasticity , would return to its original form and leave no trace of its transformation.
  3. One of the reasons kids love silly putty so much is that it has so much elasticity . No matter what you do it can always be molded back to its original form.
  4. Within the rodents, which generally have short generation times, generation time is positively correlated with adult survival elasticity.
  5. When she started her business she was utilized elasticity until she determined what was going to work with her product pricing.
  6. The price elasticity of electricity demand.

Meaning of Elasticity & Elasticity Definition

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Elasticity,

Definition of Elasticity:

  • Flexibility is a measure of a variable's sensitivity to change in other variables. The value of this sensitivity changes more often than changes in other sensitive factors. In business and economics, flexibility refers to the extent to which individuals, consumers, or producers change the quantity provided in response to changes in demand or price or revenue. It is mainly used to estimate changes in consumer demand after a change in the price of goods or services.

    • Flexibility, for example, is an economic measure of the sensitivity of economic factors. B. A change in price versus supply or demand, or a change in tariff against demand.
    • When the demand for goods or services is relatively stable, even in spite of price changes, the demand is said to be unstable and its elasticity coefficient is less than 1.0.
    • Examples of flexible products include clothing or electronics, while rigid products include groceries and prescription drugs.

Meanings of Elasticity

  1. Returning to your normal state after the ability or stress of an object or substance.

  2. Sensitive response of supply or demand to price or tariff changes. The process takes place.

Sentences of Elasticity

  1. Aging can reduce the elasticity of your skin

  2. In mice with small breeding times, breeding time is positively associated with survival resilience in adults.

  3. Flexibility in the price of electricity demand

Elasticity,

Elasticity:

  1. The definition of Elasticity is: Flexibility is a measure of the sensitivity of a variable to change in other variables, often this sensitivity is a change and change in other factors. In business administration, flexibility refers to the degree to which individuals, consumers, or consumers change demand or quantity provided in response to a change in income or revenue. It is mainly used to review changes in consumer demand for changes in goods or services, e.g.

    • Flexibility is an economic measure of sensitivity from one economic factor to another, for example e vs. supply or change in demand or change in demand vs. change in income.
    • If the demand for a product or service is relatively stable even with the change, then the demand is volatile and the elasticity coefficient is less than 1.0.
    • Examples of flexible products are clothing or electronics, while flexible products are products such as food and prescription drugs.

Meanings of Elasticity

  1. Ability to return to its normal shape after pulling or compressing an object or material.

  2. Change Ability and Adaptability.

  3. The degree to which supply or demand responds to changes in price or income.

Sentences of Elasticity

  1. Aging can make your skin less elastic.

Synonyms of Elasticity

versatility, accommodation, fluidity, conformability, variability

Elasticity,

Elasticity Meanings:

You can define Elasticity as, Flexibility is a measure of a variable's sensitivity to changes in other variables, often this sensitivity is the required amount of change in relation to changes in other factors, such as in business management, indicating flexibility and the degree to which individuals, consumers Or consumers supply in response to a change in their demand or quantity and / or a change in revenue. It is primarily used to review changes in consumer demand for changes in goods or services, e.g.

  • Flexibility is an economic measure that is sensitive from one economic factor to another, e.g.
  • If the demand for a product or service is relatively stable despite the e-change, then the demand is defined as inflexible and the coefficient of elasticity is less than 1.0.
  • Examples of flexible products are clothing or electronics, while rigid products are things like controlled food and medicine.

Meanings of Elasticity

  1. The ability of an object or substance to return to its normal form after being pulled or compressed.

  2. Ability to adapt and adapt.

  3. The degree to which demand or supply responds to a change in price or income.

Sentences of Elasticity

  1. Flexibility of electricity demand price

Elasticity

It is usually used to explain consumer demand in response to price changes.

The demand for staple foods such as bread is considered inelastic because the amount of bread purchased has little to do with price.

If the price goes up, people have no choice but to pay, but if the price goes down, they probably won't eat bread anymore.

In comparison, luxury goods are price elastic. When the cost of chauffeured travel becomes too high, executives can turn to taxis or even trains.