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  1. Dictionary
    elasticity
    /ˌiːlaˈstɪsɪti/

    noun

    More definitions, origin and scrabble points

  2. Elasticity, ability of a deformed material body to return to its original shape and size when the forces causing the deformation are removed. A body with this ability is said to behave (or respond) elastically. Most solid materials exhibit elastic behavior.

  3. 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 that influence or force is removed.

  4. Jan 2, 2021 · Elastic is a term used in economics to describe a change in the behavior of buyers and sellers in response to a single variable like a change in price or other variables for a good or...

  5. Elasticity is calculated as percent change in quantity divided by percent change in price. Elastic situations have elasticity greater than 1, while inelastic situations have elasticity less than 1. Elasticity varies along a demand curve, and different calculation methods exist.

  6. Elasticity can be described as elasticor very responsiveunit elastic, or inelastic—not very responsive. Elastic demand or supply curves indicate that the quantity demanded or supplied responds to price changes in a greater than proportional manner.

  7. ELASTICITY | English meaning - Cambridge Dictionary. Meaning of elasticity in English. elasticity. noun [ U ] uk / ˌi.læsˈtɪs.ə.ti / us / ˌi.læsˈtɪs.ə.t̬i / Add to word list. the ability to stretch: As the skin grows older it loses its elasticity. the ability to change: There is some elasticity in our plans - nothing has been firmly decided yet.

  8. The meaning of ELASTICITY is the quality or state of being elastic. How to use elasticity in a sentence.

  9. The ability of a solid to return to its original shape or form after being subject to strain. Most solid materials display elasticity, up to a load point called the elastic limit; loads higher than this limit cause permanent deformation of the material.

  10. basics. Elasticity is the property of solid materials to return to their original shape and size after the forces deforming them have been removed. Recall Hooke's law — first stated formally by Robert Hooke in The True Theory of Elasticity or Springiness (1676)…. ut tensio, sic vis.

  11. Meaning of elasticity in English. elasticity. noun [ U ] us / ˌi.læsˈtɪs.ə.t̬i / uk / ˌi.læsˈtɪs.ə.ti / Add to word list. the ability to stretch: As the skin grows older it loses its elasticity. the ability to change: There is some elasticity in our plans - nothing has been firmly decided yet. SMART Vocabulary: related words and phrases.