ELAST in Education Meaning
The ELAST meaning in Education terms is "Elastic". There are 1 related meanings of the ELAST Education abbreviation.
ELAST on Education Full Forms
- Elastic Having an elasticity greater than one. For a price elasticity of demand, this means that expenditure rises as price falls. For an income elasticity it means that expenditure share rises with income, a superior good. Contrasts with inelastic and unit elastic. Elastic demand for either exports or imports is sufficient to satisfy the Marshall-Lerner condition.
Frequently Asked Questions (FAQ)
What does ELAST stand for Education?
ELAST stands for Elastic in Education terms.
What is the shortened form of Elastic in Education?
The short form of "Elastic" is ELAST for Education.
Citation
ELAST in Education. Acronym24.com. (2020, September 1). Retrieved February 7, 2025 from https://acronym24.com/elast-meaning-in-education/
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