elasticity
noun pl. elasticities
- the quality or condition of being elastic; specif.,
- springiness; flexibility; resilience
- buoyancy of spirit
- adaptability
- Econ. the degree to which the demand for, or supply of, particular goods or services responds to a change in price
See elasticity in American Heritage Dictionary 4
(ĭ-lă-stĭsˈĭ-tē, ēˌlă-)
noun- The condition or property of being elastic; flexibility.
- Physics
a. The property of returning to an initial form or state following deformation.
b. The degree to which this property is exhibited.
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