elasticity
IPA: iɫæstˈɪsʌti
noun
- (physics) The property by virtue of which a material deformed under load can regain its original dimensions when unloaded
- (economics) The sensitivity of changes in a quantity with respect to changes in another quantity.
- (computing) A measure of the flexibility of a data store's data model and clustering capabilities.
- (computing) A system's ability to adapt to changes in workload by automatically provisioning and de-provisioning resources.
- (mathematics) The ratio of the relative change in a function's output with respect to the relative change in its input, for infinitesimal changes at a certain point.
- The quality of being elastic.
- Adaptability.
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Examples of "elasticity" in Sentences
- The essence of elasticity is reversibility.
- This occurs because of the elasticity of the string.
- It's elasticity contributes to the flexibility and resilience of the discs.
- The inverse of elasticity of complementarity is elasticity of substitution.
- The inverse of elasticity of substitution is elasticity of complementarity.
- Above the point of unitary elasticity is the elastic range of the demand curve.
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