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elasticity |
Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia, Hutchinson | 0.06 sec. |
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Elasticity A measure of sensitivity of one variable to another. More specifically, the degree to which consumers respond to price changes. ![]() Notes: A value greater than 1 = a good sensitive to priceA value less than 1 = insensitive to price See also: Economics
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![]() eighth Eighth[-ed] either-or order Either-way market Either/or facility elastic Elasticity of an option Elasticity of demand Elasticity of supply Elder-Ray Index elect electing sale election cycle ![]() |
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