The elasticity of a material or substance is its ability to return to its original shape, size, and condition after it has been stretched.
Daily facial exercises help her to retain the skin's elasticity.
Gluten develops elasticity in a dough.
Synonyms: flexibility, suppleness, plasticity, give [informal] More Synonyms of elasticity
2. uncountable noun [also NOUN in plural, with supplement, oft NOUNof noun, noun NOUN]
In economics, the elasticityof something, especially the demand for a product, is the degree to which it changes in response to changes in circumstances.
[technical]
Operating exposure depends on such factors as the elasticity of demand for imports.
More Synonyms of elasticity
elasticity in British English
(ɪlæˈstɪsɪtɪ, ˌiːlæ-)
noun
1.
the property of a body or substance that enables it to resume its original shape or size when a distorting force is removed
See also elastic limit
2.
the state or quality of being elastic; flexibility or buoyancy
3.
a measure of the sensitivity of demand for goods or services to changes in price or other marketing variables, such as advertising
elasticity in American English
(ˌilæsˈtɪsəti; ɪˌlæsˈtɪsəti)
nounWord forms: pluraleˌlasˈticities
1.
the quality or condition of being elastic
; specif.,
a.
springiness; flexibility; resilience
b.
buoyancy of spirit
c.
adaptability
2. Economics
the degree to which the demand for, or supply of, particular goods or services responds to a change in price
Examples of 'elasticity' in a sentence
elasticity
The makers claim it restores the skin 's elasticity and replaces dead skin cells damaged by smoking or the sun.
The Sun (2016)
What is the price elasticity of demand for the new combined firm?
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
What is the income elasticity of all other goods?
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
There are simple steps to ascertain whether a patient has poor skin elasticity or not.
Times, Sunday Times (2008)
What does the price elasticity of demand measure?
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
Nearly nine in ten volunteers saw increased skin elasticity over three months.
The Sun (2012)
These two extreme cases place limits on the price elasticity of demand for a factor.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
Her skin has lost elasticity and looks rather leathery.
The Sun (2010)
The price elasticity of demand is a negative number.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
In this case the price elasticity of demand for the present factor is infinite.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
The elasticity of substitution measures how the relative use of an input changes when its relative price changes.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
The price elasticity of demand is a measure of how responsive quantity demanded is to changes in price.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
Income changes and the concept of income elasticity can go a long way toward explaining much of the behavior we observe.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
Explain how the per unit burden of a tax is affected by the price elasticity of the demand and supply curves.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
Use weekly and it will reduce wrinkles and boost your skin 's elasticity.
The Sun (2014)
The top half helps smooth fine lines; the lower half aids elasticity in sagging skin.
Times, Sunday Times (2007)
It really increases my skin 's elasticity.
The Sun (2012)
Suppose that the demand curve has a constant price elasticity of -2.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
After three months, women who took a daily supplement showed a significant improvement in fine wrinkles and skin elasticity.
The Sun (2011)
Economists call this measure elasticity.
Times, Sunday Times (2011)
Taking vitamin E can improve skin elasticity.
Colette Harris, With Theresa Cheung PCOS DIET BOOK: How you can use the nutritional approach to deal with polycysticovary syndrome (2002)
As we discuss the concept of price elasticity of demand, keep in mind that it is a measure of how you and others react to price changes.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
This leads to a loss of flexibility and elasticity in the collagen, which in turn encourages the formation of wrinkles as well as causing skin to sag.
The Sun (2010)
Makers claim they reduce fine lines, firm the skin and improve its elasticity - allwithout sticking a needle in your face.
The Sun (2013)
This is the hottest anti-ageing ingredient in town, as it gets rid of dead skin cells while encouraging collagen production to improve elasticity.
The Sun (2014)
In other languages
elasticity
British English: elasticity NOUN
The elasticity of a material or substance is its ability to return to its original shape, size, and condition after it has been stretched.
Daily facial exercises help her to retain the skin's elasticity.
American English: elasticity
Brazilian Portuguese: elasticidade
Chinese: 弹性
European Spanish: elasticidad
French: élasticité
German: Elastizität
Italian: elasticità
Japanese: 弾力性
Korean: 탄력
European Portuguese: elasticidade
Latin American Spanish: elasticidad
1 (noun)
Daily facial exercises help to retain the skin's elasticity.
Synonyms
flexibility
The flexibility of the lens decreases with age.
suppleness
plasticity
The new insulating compound demonstrated remarkable plasticity.
give (informal)
pliability
ductility
springiness
pliancy
stretchiness
rubberiness
2 (noun)
the elasticity of demand for this commodity
Synonyms
adaptability
The adaptability of wool is one of its great attractions.
accommodation
flexibility
the flexibility of distance learning
tolerance
variability
suppleness
complaisance
adjustability
compliantness
Additional synonyms
in the sense of plasticity
The new insulating compound demonstrated remarkable plasticity.