How to use in-sentence of “elasticity”:
+ Likewise, if the percentage change in the price is less than proportionate than the percentage change in the quantity demanded, the elasticity value is smaller than one and the demand for the good is price inelastic.
+ In absolute terms, if the percentage change in the price is more than proportionate than the percentage change in the quantity demanded, the elasticity value is greater than one and the demand for the good is price elastic.
+ In economics, people talk about elasticity of an economic variable, usually supply or demand, in relation to another economic variable such as income or price.
+ She won this because she solved an elasticity math problem.
+ Hair tie’s elasticity and durability varies according to the material or materials from which they are made.
