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The marginal cost of electricity supply is elastic to changes in demand.
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In a high capacity environment, this decontextualization is perhaps less egregious; however, in a low capacity setting, where the intervention possibility curve is elastic and small changes in capacity can have a huge effect on project timelines, this can lead to the formulation of very unrealistic policy goals.
Some argue that demand for microfinance loans is elastic: borrowers respond strongly to changes in the interest rate.
Time is elastic, according to the needs of story.
Users' consumer surplus cannot be too large, because demand is elastic, meaning a small change in price triggers a large change in demand.
While the responses of the two networks from their respective natural configuration is elastic, the process of microstructural changes of the original network is dissipative and hence the response of the two networks together is not elastic.
And understandably so! Language is elastic; the definition of an ideology changes over time, and in the case of neoliberalism, has different meanings depending on where you are.
"To me art is elastic.
The prose is elastic.
"Time is elastic.
The demand is elastic.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.
Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com