Clothes
Skin/Body
Rubberband
Balloon
Panty Hose
Elasticity is about things that stretch and snap back, like rubber bands.
The low elasticity of demand for labor decreases with unemployment benefit. Generally low pay workers prefer that the minimum wage rate be increased until the labor demand is unitary elastic.
There could be many things said about elasticity of demand that are false, but there would be no point in making things up that are not true. This appears to have been taken from a multiple choice exam.
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
Presbyopia
Clothes Skin/Body Rubberband Balloon Panty Hose
Inelastic things can not be stretched or do not rebound while elastic things will stretch, bounce, rebound, etc..
At some point the latex becomes brittle and loses its elasticity. It will chip, crack and fall apart and therefore loses usefulness in the field of safety.
Elasticity is about things that stretch and snap back, like rubber bands.
The low elasticity of demand for labor decreases with unemployment benefit. Generally low pay workers prefer that the minimum wage rate be increased until the labor demand is unitary elastic.
There could be many things said about elasticity of demand that are false, but there would be no point in making things up that are not true. This appears to have been taken from a multiple choice exam.
price elasticity income elasticity cross elasticity promotional elasticity
We would need to know what conditions you're referring to to respond to this question.
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.
Elasticity depends upon the material of an object but also on environmental things such as pressure, temperature and humidity. You can try this yourself by taking two identical elastic bands and putting one on a heater for a while. You will notice a difference in elasticity!
Gum has elasticity.