ELASTICITY


Meaning of ELASTICITY in English

transcription, транскрипция: [ i-ˌlas-ˈti-sə-tē, ˌē-ˌlas-, -ˈtis-tē ]

noun

( plural -ties )

Date: 1664

1. : the quality or state of being elastic: as

a. : the capability of a strained body to recover its size and shape after deformation : springiness

b. : resilience 2

c. : the quality of being adaptable

2. : the responsiveness of a dependent economic variable to changes in influencing factors

elasticity of demand

price elasticity

Merriam-Webster's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.