Back مرونة (اقتصاد) Arabic Elastiklik (iqtisadiyyat) Azerbaijani Еластичност на търсенето и предлагането Bulgarian স্থিতিস্থাপকতা (অর্থনীতি) Bengali/Bangla Elastičnost (ekonomija) BS Elasticitat (economia) Catalan Cenová elasticita Czech Elasticitet (økonomi) Danish Elastizität (Wirtschaft) German Elastikiyet DIQ
| Part of a series on |
| Economics |
|---|
&sq=STASI&lang=en&file=File:Emblem-money.svg){kind=small}
In economics, elasticity measures the responsiveness of one economic variable to a change in another.[1] If the price elasticity of the demand of something is -2, a 10% increase in price causes the quantity demanded to fall by 20%. Elasticity in economics provides an understanding of changes in the behavior of the buyers and sellers with price changes. There are two types of elasticity for demand and supply, one is inelastic demand and supply and the other one is elastic demand and supply.[2]
- ^ Hayes, Adam (2022-07-05). "What Is Elasticity in Finance; How Does it Work (with Example)?". Investopedia. Retrieved 2023-03-31.
- ^ "Elasticity: What It Means in Economics, Formula, and Examples". Investopedia. Retrieved 2023-04-20.
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search