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elasticity

noun

ɪˌlæˈstɪs.ə.ti

Meaning

The responsiveness of demand or supply to changes in price.

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

The elasticity of demand for luxury goods is high.

Rubber has a high degree of elasticity.

price elasticity

Responsiveness, Flexibility, Adaptability, flexibility, resilience, suppleness, adaptability

Entry 1

Responsiveness, Flexibility, Adaptability

Entry 2

flexibility, resilience, suppleness, adaptability

Rigidity, Inflexibility, Inelasticity, rigidity, stiffness

Entry 1

Rigidity, Inflexibility, Inelasticity

Entry 2

rigidity, stiffness

elasticity of demand, elasticity of supply, elasticity coefficient

The total number of butterflies in a particular area or ecosystem.

a currently circulating story or report of uncertain or doubtful truth; gossip

An unintended consequence occurring some time after an event or action.

a request or appeal, especially in a legal context

the state of being awake and aware of one's surroundings; the awareness or perception of something

a person who does not believe in something, especially a religion or idea