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Related to elastic tissue: adipose tissue, Elastic connective tissue

Elasticity of Demand

The relative stability of a security's or product's price in the face of increased or decreased demand. Elastic securities or products have prices that move as independently as possible from changes in demand. In securities, elasticity is strongly influenced by the number of shares outstanding; if a company has many shares outstanding, a large order to buy or sell them is less likely to affect the price as strongly as a similar order for a company with comparatively few shares outstanding. In other products, elasticity largely comes from whether a given product is considered a necessity or a luxury. A "necessary" product is likely to be more elastic. See also: Income Elasticity of Demand.


Of or relating to the demand for a good or service when the quantity purchased varies significantly in response to price changes in the good or service. For example, the demand for a product with many close substitutes is elastic because a small price rise will cause consumers to switch to competing brands. Compare inelastic.


adj. relatively responsive to change.


References in periodicals archive ?
Work from Uitto and colleagues from Philadelphia established that UVR switches on the elastin-promoter gene in fibroblasts, resulting in the synthesis of large amounts of disorganised elastic tissue.
Ultrastructural evidence of the elastic tissue repair was also obtained and well corroborated the favorable results of the clinical and skin surface examinations.
Antioxidants protect the skin's collagen and elastic tissue from damaging free radicals.
Elastonyl combats the degradation of elastic tissue by inhibiting the expression of proteolytic enzymes such as MMP-1, MMP-2 and cathepsin L.
The next volume covers topics such as disorders of pigmentation, diseases of collagen and elastic tissue, diseases of hair and nails, melanocytic nevi, melanoma, cutaneous lymphoproliferative diseases, cutaneous metastases and Paget's disease of the skin, and tumors of the hair follicle, sebaceous glands, sweat glands, and connective tissue.
The elastic tissue supporting the tiny air sacs in the lungs responsible for taking in oxygen and releasing carbon dioxide can be destroyed, resulting in emphysema.
Proceedings of an International Conference on Elastin and Elastic Tissue Alta, Utah August 18-21, 1976
A MUTANT form of the elastic tissue that keeps people looking young may help the growth of skin cancer, scientists said yesterday.