Both the supply side and the demand side of medical technology are elastic.
As soon as a new technology is available, or if there is a price reduction, increased demand will lead to an increased supply.
At base, most medical technologies are simple, and do not use exotic materials, - the availability of supplies is almost unlimited.
And on the demand side, there is an almost unlimited demand for various technologies (consider cochlear implants), as soon as there is a technological or a price improvement, the demand will increase.
Uses of information technology in medical field include storing files, data analysis, and medical testing. Information technology is also used for communication and security.
medical
Elastic traffic: -adjust its throughput between end hosts in response to network condition. - Generally TCP-based application (HTTP,STMP,FTP) - Principle form of feedback: packet loss caused by network load/congestion, causing TCP to implements its congestion avoidance algorithm and reduce the rate at which packets are sent over the network -TCP traffic is considered to be "network friendly" Inelastic traffic: - does not adjust its throughput in response to network conditions - generally real-time multimedia (audio streaming, video,VoIP)
the medical conditions of a human body is one, lifestyle...
No one in the medical field who deals with the treatment of patients can hire a felon. It is possible that you could find work in the medical equipment field.
elastic
The midpoint between elastic and inelastic is unit elastic
is soap elastic or inelastic supply
elastic
Inelastic
just check momentum before and after and if they're the same then elastic if not then inelastic.
difference between elastic and inelastic demand
elastic
Highly elastic.
elastic
An elastic item benefits from price decreases whereas an inelastic item does not.
Perfectly inelastic demand, perfectly elastic demand, elastic demand, inelastic demand etc.