ELAST in Periodical Meaning
The ELAST meaning in Periodical terms is "Elastic". There are 1 related meanings of the ELAST Periodical abbreviation.
ELAST on Periodical 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 Periodical?
ELAST stands for Elastic in Periodical terms.
What is the shortened form of Elastic in Periodical?
The short form of "Elastic" is ELAST for Periodical.
Citation
ELAST in Periodical. Acronym24.com. (2020, September 1). Retrieved March 15, 2025 from https://acronym24.com/elast-meaning-in-periodical/
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