elasticity (Q223639)

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responsiveness of one economic variable to a change in another (e.g. supply or demand as a function of changed price, cross-price, income, wealth, advertising, etc.), ranging from inelastic to elastic
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English
elasticity
responsiveness of one economic variable to a change in another (e.g. supply or demand as a function of changed price, cross-price, income, wealth, advertising, etc.), ranging from inelastic to elastic

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