perfect elasticity

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• Elasticity (physics) — A material is said to be elastic if it deforms under stress (e.g., external forces), but then returns to its original shape when the stress is removed. The amount of deformation is called the strain. Modeling elasticity The elastic regime is… …   Wikipedia

• 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

• Constant elasticity of substitution — In economics, Constant elasticity of substitution (CES) is a property of some production functions and utility functions. More precisely, it refers to a particular type of aggregator function which combines two or more types of consumption, or… …   Wikipedia

• Cross elasticity of demand — Economics …   Wikipedia

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