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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.

elastic

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.

elastic

adj. relatively responsive to change.

See PRICE-ELASTICITY OF DEMAND, PRICE-ELASTICITY OF SUPPLY, INCOME-ELASTICITY OF DEMAND, CROSS-ELASTICITY OF DEMAND.

References in periodicals archive ?
The classic histologic picture with pseudoxanthoma elasticum skin lesions is fragmentation and clumping of elastic tissue evident on Verhoeff-van Gieson stain, and calcification on yon Kossa stain.
Image Analysis Quantification of Elastic Tissue Content
Some suspect that the lungs of fetuses whose mothers smoke, like those of fetal rats in laboratory tests, weigh less and produce less elastin (the main protein of the lung's elastic tissue fibers), thus decreasing pulmonary function.
The sections were stained with (a) Verhoeff's Haematoxylin elastic tissue stain for the demonstration of elastic fibers, (b) Van Gieson's staining method for the demonstration of collagen fibers and (c) Haematoxylin and eosin for histo-architecture.
These women tend to be thinner, with good genetics, and very elastic tissue.
A section of the AV node mass was stained with elastic van Gieson and counterstained with Gomori trichrome stain (original magnification x200, Figure 3), which highlighted cardiac myocytes at the AV node interrupted by numerous, large, irregular vascular channels, many of which had fragmented parallel lamellae of elastic tissue and an endothelial lining.
A The elastic tissue of his lungs has become stretched and damaged so that it is more difficult for oxygen to enter his bloodstream.
This condition usually involves the urethral sphincters--rings of elastic tissue around the urethra that normally relax or tighten as needed in order to permit or shut off the flow of urine.
Under polarized light, the extracellular matrix contained abundant polarizing collagen in a somewhat disorganized fashion; the elastic tissue stain showed scarce fragmented elastic fibers in the center of the nodule.
Other congenital and acquired causes have also been implicated, including genetics, abnormal urethral anatomy, underlying neuromuscular disorders, or deficiencies in elastic tissues.