Definitions
the tendency of a body to return to its original shape after it has been stretched or compressed
Word origin
From elastic + -ity.
Used in a sentence
“If the sales of an item drop by 5% when the price increases by 10%, its price elasticity is −0.5.”
“Given elasticity of demand, there is a strong argument that filling the millions of empty seats through lower fares could actually increase revenue.”
“Her elasticity allowed her to recover quickly.”
Source: Wiktionary, CC BY-SA 4.0
Used as a crossword answer1 curated clues
01“Stretchiness”10 letters
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