elasticity

How to use elasticity in a sentence. Example sentences and definitions for elasticity.

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Editorial note

We saw inelasticity in the 1970s oil shocks.

Examples11

Definitions1

Parts of speech1

Quick take

the tendency of a body to return to its original shape after it has been stretched or compressed; "the waistband had lost its snap"

Meaning at a glance

The clearest senses and uses of elasticity gathered in one view.

noun

the tendency of a body to return to its original shape after it has been stretched or compressed; "the waistband had lost its snap"

Definitions

Core meanings and parts of speech for elasticity.

noun

the tendency of a body to return to its original shape after it has been stretched or compressed; "the waistband had lost its snap"

Example sentences

We saw inelasticity in the 1970s oil shocks.

In the case of oil, there's low elasticity of substitution.

If you aren't using EC2 for it's elasticity then you're probably doing it wrong.

You need to test the price elasticity to maximize your revenues.

Most of the time proponents of price-elasticity make me laugh.

When a large truck goes on your road, you need the asphalt to show elasticity so that it can carry such weight and come back to its former state.

You have to consider things like elasticity of demand, etc. But basically, you can't ignore supply and demand.

From the very beginning, the reliability, real-time processing, and transparent elasticity are built in. That's all I can say.

This elasticity is there, for sure, but the relationship between price and purchases is not going to stay the same, especially as everyone follows this advice.

Energy is one of those non-negotiable things, with almost zero price elasticity.

I am just looking at it from the perspective of having experienced failure in price elasticity due to the product I was pushing existing in a very narrow trading margin.