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Elasticity

ˌiːlaˈstɪsɪti

Elasticity definitions
noun
elasticity
  1. the ability of an object or material to resume its normal shape after being stretched or compressed; stretchiness

    "aging can decrease the elasticity of your skin"

  2. ability to change and adapt; adaptability
  3. the degree to which a demand or supply is sensitive to changes in price or income

    "the price elasticity of electricity demand"