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Elasticity

• Refers to the economic concept of the ability or comparative ease to adjust supply or demand within a changing economy.

 
 Embedded terms in definition
 Demand
 
 Related Terms
 Elasticity of an option
Option elasticity

<< Either/or facility Elasticity of an option >>

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If you really put a small value upon yourself, rest assured that the world will not raise your price. - Author Unknown

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