The phrase "average elasticity of" is correct and usable in written English.
It can be used in contexts related to economics, particularly when discussing the responsiveness of demand or supply to changes in price or other factors.
Example: "The average elasticity of demand for this product indicates how sensitive consumers are to price changes."
Alternatives: "mean elasticity of" or "typical elasticity of".
The results show that the average elasticity of CO2 emissions and material stocks to economic growth was smaller than 1, representing a status of relative decoupling.
The authors used school fixed-effects models and found that the average elasticity of supply ranges from 1.0 to 1.9, suggesting substantial short-run monopsony power.
An Espey et al. meta-analysis showed an average elasticity of −0.51, while Nauges and Whittington showed that price elasticity for water from private connections ranges from −0.3 to −0.6 in developing countries [24, 25].
This elasticity range is closer to the average elasticity of water that Dalhuisen and Florax found in their meta-analysis of price elasticity of water demand, averaging −0.38 (range, −1.3 to +0.1) in 282 observations [23].
Volume: The average elasticity of price with respect to volume is −0.106 in the pooled estimates.
Invasive cancers with an ultrasound size <15 mm had an average mean elasticity of 109 kPa, compared with an average value for lesions ≥ 15 mm of 167 kPa.
The performance of shear wave elastography combined with BI-RADS classification, whereby a lesion with either BI-RADS 4 5 greyscale scores or an averaged mean elasticity of over 50 kPa was classed as malignant, was also assessed.
Loosely speaking, this gives an "average" elasticity for the section of the actual demand curve i.e., the arc of the curve between the two points.
In line with prior reviews, we report that the average elasticity and rate-of-return estimates are positive.
A number of estimates of the average price elasticity of groups of brands have been published.
On average, the elasticity of the posterior stroma is 39.3% of the anterior stroma.
