1. Flexibility of inputs 2. Mobility of inputs 3. Availability to produce substitutes 4. Time
It's not. A toll bridge can be rigid. Now if you were to ask the same and omit 'toll'..... bridges depending on type, need flexibility and elasticity for contraction and expansion during changes in ambient temperature and ground movement
The elasticity of demand refers to how sensitive the demand for a good is to changes in other economic variables. The different types are: price elasticity, income elasticity, cross elasticity and advertisement elasticity.
1)price elasticity of demand 2)income elasticity of demand 3)cross elasticity of demand
Short Run: A time period in which the amounts of some inputs are fixed. Long Run: During which there is sufficiently long to allow full flexibility in all inputs used.
There is a difference between elasticity and flexibility. Elasticity is the ability to stretch and flexibility is the ability to bend.
Elasticity refers to the ability of a material to return to its original shape after being stretched or compressed. Flexibility, on the other hand, refers to the ability to bend easily without breaking. In short, elasticity is about how much a material can stretch and return, while flexibility is about how easily a material can bend.
elasticity, affability
Synonyms of elasticity are: stretchiness flexibility malleability plasticity fluidity resilience pliancy tractability
elasticity, pliability, springiness, give, openness
or RUBBER BAND ELASTICITY AND TEMPERATURE
Collagen is a protein that gives the bone flexibility, elasticity, and strength.
Elasticity is that property which gives the details of the extent to which the material becomes flexible.
elasticity, flexibility, pliancy, adaptability, adjustability, malleability, plasticity, rubberiness, springiness, suppleness
Its elasticity and flexibility isn't as great therefore giving off that the RBC is old.
An object is said to be elastic if it has the ability to return to it's normal state after being stretched or squeezed. Flexibility on the other hand is the ability to bend easily without breaking.
Because it doest not relate to consumers its effects on change in price