ELAST in Journal Meaning
The ELAST meaning in Journal terms is "Elastic". There are 1 related meanings of the ELAST Journal abbreviation.
ELAST on Journal 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 Journal?
ELAST stands for Elastic in Journal terms.
What is the shortened form of Elastic in Journal?
The short form of "Elastic" is ELAST for Journal.
Citation
ELAST in Journal. Acronym24.com. (2020, September 1). Retrieved February 7, 2025 from https://acronym24.com/elast-meaning-in-journal/
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