| 单词 | elastic |
| 释义 | elastic elastic // adjective
(Economics ) used to describe the situation when a small change in one thing, such as the price of a product or service, or a change in people's incomes, results in a larger change in another thing, such as the amount that people want to buy: Demand for oil is not very elastic. The broadsheet market is less price elastic than the tabloid market. OPP INELASTIC
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