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elasticity

The correct spelling is elasticity.

How to pronounce elasticity

noun

IPA: /ɪ.læsˈtɪs.ɪ.ti/

Say it like: Ela-sti-sit-ee

The correct spelling is elasticity. The property by virtue of which a material deformed under load can regain its original dimensions when unloaded For example: "If the sales of an item drop by 5% when the price increases by 10%, its price elasticity is -0.5."

Usage Examples

If the sales of an item drop by 5% when the price increases by 10%, its price elasticity is -0.5.

Her elasticity allowed her to recover quickly.

Definition

noun

  1. 1.The property by virtue of which a material deformed under load can regain its original dimensions when unloaded
  2. 2.The sensitivity of changes in a quantity with respect to changes in another quantity.
  3. 3.A measure of the flexibility of a data store's data model and clustering capabilities.
  4. 4.A system's ability to adapt to changes in workload by automatically provisioning and de-provisioning resources.
  5. 5.The ratio of the relative change in a function's output with respect to the relative change in its input, for infinitesimal changes at a certain point.

Similar words

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