Meaning Of The Word Elasticity
What's the definition of Elasticity? Find Elasticity meanings, definitions and more at the Real Dictionary online.
Elasticity Meaning
| Elasticity Definition |
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What's The Definition Of Elasticity?
elasticity
In economics, the elasticity of something, especially the demand for a product, is the degree to which it changes in response to changes in circumstances. uncountable noun: The elasticity of a material or substance is its ability to return to its original shape, size, and condition after it has been stretched. elasticity in American English the quality or condition of being elastic noun: the state or quality of being elastic elasticity in British English noun: the property of a body or substance that enables it to resume its original shape or size when a distorting force is removed |
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