Elasticity

The degree to which a price change for an item results from a Unit change in Supply (called Supply elasticity) or a Unit change in Demand (called Demand elasticity). opposite of Inelasticity.

Related Terms: 10 Call, Demand, Demand elasticity, Elasticity, Inelasticity, Last, PPO, Supply, Supply elasticity, Unit

Other Related Pages: Category: Economy Starting With: E

Additional Related Terms: Allowance for depreciation, Annuity unit, Accrual of discount, Amortization of premium, Asked price, Asking price, All or any part, At call, Aggregate demand, Aggregate demand curve