Definition of Elasticity. Meaning of Elasticity. Synonyms of Elasticity

Here you will find one or more explanations in English for the word Elasticity. Also in the bottom left of the page several parts of wikipedia pages related to the word Elasticity and, of course, Elasticity synonyms and on the right images related to the word Elasticity.

Definition of Elasticity

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Inelasticity
Inelasticity In`e*las*tic"i*ty, n. Want of elasticity.
Unelasticity
Unelasticity Un`e*las*tic"i*ty, n. Inelasticity.

Meaning of Elasticity from wikipedia

- Look up elasticity in Wiktionary, the free dictionary. Elasticity often refers to: Elasticity (physics), continuum mechanics of bodies that deform reversibly...
- A good's price elasticity of demand ( E d {\displaystyle E_{d}} , PED) is a measure of how sensitive the quantity demanded is to its price. When the price...
- In physics and materials science, elasticity is the ability of a body to resist a distorting influence and to return to its original size and shape when...
- In economics, elasticity measures the responsiveness of one economic variable to a change in another. For example, if the price elasticity of the demand...
- Linear elasticity is a mathematical model as to how solid objects deform and become internally stressed by prescribed loading conditions. It is a simplification...
- In economics, the income elasticity of demand (****) is the responsivenesses of the quantity demanded for a good to a change in consumer income. It is measured...
- The price elasticity of supply (PES or Es) is a measure used in economics to show the responsiveness, or elasticity, of the quantity supplied of a good...
- degree to which these factors change the reaction rate is described by the elasticity coefficient. This coefficient is defined as follows: ε s i v = ( ∂ v ∂...
- In economics, the cross (or cross-price) elasticity of demand (XED) measures the effect of changes in the price of one good on the quantity demanded of...
- types of elasticity of demand are price elasticity of demand, cross elasticity of demand, income elasticity of demand, and advertising elasticity of demand...