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Elasticity

 

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Elasticity



 
  Elasticity may refer to:

  • Elasticity (physics)
    Elasticity (physics)

    In physics, elasticity is the physical property of a material when it deforms under stress , but returns to its original shape when the stress is removed....
    , continuum mechanics of bodies which deform reversibly under stress


Various uses are derived from this physical sense of the term, especially in economics:

  • Elasticity (economics)
    Elasticity (economics)

    In economics, elasticity is the ratio of the percent change in one variable to the percent change in another variable. It is a tool for measuring the responsiveness of a function to changes in parameters in a relative way....
    , a general term for a ratio of change. For more specific economic forms of elasticity, see:
    • Price elasticity of demand
      Price elasticity of demand

      For the opposite, see Price elasticity of supply.Price elasticity of demand is defined as the measure of responsiveness in the quantity demanded for a commodity as a result of change in price of the same commodity....
    • Price elasticity of supply
      Price elasticity of supply

      In economics, the price elasticity of supply is defined as a numerical measure of the responsiveness of the quantity supplied of product to a change in price of product alone....
    • Income elasticity of demand
    • Cross elasticity of demand
      Cross elasticity of demand

      In economics, the cross elasticity of demand and cross price elasticity of demand measures the responsiveness of the quantity demanded of a good to a change in the price of another good....
    • Output elasticity
      Output elasticity

      In economics, output elasticity is the percentage change of output divided by the percentage change of an input.It is calculated as marginal product of an input to its average product....
    • Elasticity of substitution
      Elasticity of substitution

      Elasticity of substitution is the elasticity of the ratio of two inputs to a production function with respect to the ratio of their marginal products ....
    • Frisch elasticity of labor supply
      Frisch elasticity of labor supply

      The Frisch elasticity of labor supply is defined as the Elasticity of the Labour economics with respect to the wage leaving constant the marginal utility of income....
    • Beta coefficient
      Beta coefficient

      The beta coefficient, in terms of finance and investment, describes how the expected return of a stock or portfolio is correlated to the return of the financial market as a whole....
    • Yield elasticity of bond value
      Yield elasticity of bond value

      Yield elasticity of bond value is the percentage change in bond value divided by a one per percentage change in the yield to maturity of the bond....
  • Elasticity of a function, a mathematical definition of point elasticity
    • Arc elasticity
      Arc elasticity

      Arc elasticity is the Elasticity of one variable with respect to another between two given points.The y arc elasticity of x is defined as:...

See also

  • Elastic
    Elastic

    Elastic may refer to:*Elastic collision, a term describing collisions in which kinetic energy is conserved*Elastic deformation, a reversible deformation of a material...
  • Elasticity as a comic book super power
    List of comic book superpowers

    Fiction traditionally features characters with superhuman, supernatural, or paranormal abilities, often referred to as "Superpower " ....
    .