Elastic flashcard sets

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1-13 of 13Elastic flashcard sets
# Title Terms Date
1C04 - Elasticityby lsturgis14 termsDecember 1, 2008
2elasticityby monintus28 termsJuly 30, 2009
3Econ Elasticity Vocabby rubberducky129214 termsSeptember 22, 2009
4Earth Science Chapter 12by Fallen_Angel9322 termsFebruary 12, 2008
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5elasticityby muchamorbng195 termsFebruary 5, 2009
6Elastic equationsby abu4684 termsNovember 2, 2009
7DLby RjCooper10 termsNovember 19, 2007
8perfectly elastic and inelastic demandby kimleyeng2 termsJuly 21, 2007
9Econ Supply, Demand, Elasticityby crazy4football316 termsOctober 11, 2007
10Elasticityby zeke7279112 termsOctober 12, 2009
11Elastic charateristicsby pta4 termsApril 15, 2008
12Elasticity of Demandby sendatsu5 termsSeptember 13, 2009
134.2 Elasticity of Demandby mjdolenko2 termsOctober 11, 2009
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elastic definitions
# Definition Sets
1expandable31 sets
2describes demand that is very sensitive to a change in price31 sets
3stretches and returns to original shape... around abdomen and walls of arteries23 sets
4flexible8 sets
5able to spring back into shape; quick to recover (as from disappointment); able to adapt to change; ex. elastic plans; n: elastic material8 sets
6capable of resuming original shape after stretching or compression4 sets
7fibers that can expand and spring back into original shape4 sets
8term applied to a material that returns to its original shape after it has been stretched or compressed.3 sets
9rugalmas3 sets
10decribes demand that is very sensitive to a change in price3 sets
11type of elasticity where the percentage change in the independent variable (usually price) causes a more than proportionate change in the dependent variable (usually quantity demanded or supplied)3 sets
12when a given change in price causes a relatively larger change in quantity demanded3 sets
13a given change in price causes a relatively larger change in quantity demanded3 sets
14describes demand that is very sensitive to a change in price.3 sets
15if the price elasticity is greater than one, the demand for a good is3 sets
16describes demand that is sensitive to change in price3 sets
17ability to return to original shape2 sets
18describes demand that is very sensitive to change in price2 sets
19small, strong, strechy2 sets
20cloth tape with rubber threads in it to make it stretch2 sets
21percentage change in quantity demanded and dividing that by the percentage change in the price, this is where we see changes in price having a large affect on quantity demanded2 sets
22most earthquakes are produced by the rapid release of which kind of energy stored in rock subjected to great forces?2 sets
23connective tissue in the ligamentum nuchae2 sets
24stretch rebound2 sets
25when an applied force is removed it returns to its original shape2 sets
26term to describe a product for which a small change in price causes a significant change in the quantity demanded2 sets
27walls of large arteries; ligaments of vertebral column; within walls of bronchial tubes2 sets
28connective tissue that are present in the walls of the heart, lungs, and large arteries.2 sets
29the demand for a good is elastic with respect to price if its price elasticity of demand is greater than one2 sets
30term applied to a material that returns to its original shape after it has been stretched or compressed2 sets
31stretches easily2 sets
32a special rubber that can be stretch and return to its usual size or length2 sets
33| emap | > 12 sets
34demand very sensitive to change in price(lobster)2 sets
35if a small change in the price of an item causes a significant change in the demand1 set
36term discribe a product for which a small change in price causes a significant change in the quantity demanded1 set
37term to describe a product for wich a small change in price causes a significant change in the quanity demanded.1 set
38able to adjust readily to different conditions1 set
39term to describe a product for which a small change in price causes a sinifient change.1 set
40the percentage change in quantity is greater than the percentage change in price.1 set