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elasticity
(redirected from modulus of elasticity)

   Also found in: Dictionary/thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia 0.02 sec.
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.

elasticity
The responsiveness of the quantity purchased of an item to changes in the item's price. If the quantity purchased changes proportionately more than the price, the demand is elastic. If the quantity purchased changes proportionately less than the price, the demand is inelastic. For example, price increases by cigarette manufacturers have a relatively small effect on cigarette consumption, thus, the demand for cigarettes is inelastic.

elasticity

The ability of the real estate market to respond to price increases over a fairly short period of time.



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c] can be attributed either to a different modulus of elasticity of the matrix or to the interfacial adhesion, which is different due to the difference in chemical structure between both polyamides.
You might also be interested to know that aluminum's lower modulus of elasticity works in its favor as a construction material for trailers.
Marking resistance and recovery are closely related to modulus of elasticity (the ability of the material to rebound to its original shape after being dented).
 
 
 
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