What is the correct spelling for ELASTICIY?

The correct spelling for "elasticiy" is "elasticity". This fundamental concept in economics refers to the responsiveness of demand or supply to changes in price. Understanding elasticity is crucial for businesses and policymakers to make informed decisions regarding pricing strategies, taxation policies and market equilibrium.

Correct spellings for ELASTICIY

  • elastic The waistband of my shorts is made of elastic material, which allows for a comfortable and flexible fit.
  • elasticity Elasticity is a vital characteristic of materials used in clothing manufacturing.
  • elastics She stretched the elastics until they snapped.