elastic goods

См. также в других словарях:

• elastic — [ē las′tik, ilas′tik] adj. [ModL elasticus < LGr elastikos < Gr elaunein, to set in motion, beat out < IE base * el , to drive, move, go > ? LANE1] 1. able to spring back to its original size, shape, or position after being stretched …   English World dictionary

• elastic — UK US /ɪˈlæstɪk/ adjective ► ECONOMICS relating to a situation in which the number of products sold changes in relation to the product s price: »We re seeing the elastic effect of lower component prices encouraging demand for PCs. »Your problem… …   Financial and business terms

• Elastic — A situation in which the supply and demand for a good or service can vary significantly due to the price. The elasticity of a good or service can vary according to the amount of close substitutes, its relative cost and the amount of time that has …   Investment dictionary

• Price elasticity of demand — Not to be confused with Price elasticity of supply. PED is derived from the percentage change in quantity (%ΔQd) and percentage change in price (%ΔP). Price elasticity of demand (PED or Ed) is a measure used in economics to show the… …   Wikipedia

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