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When the price elasticity of demand for a good is relatively elastic ( -∞ < Ed < -1), the percentage change in quantity demanded is greater than that in price.
The income elasticities for the groups of fish and processed produce are relatively elastic, respectively, at 0.8068 and 1.0531.
In practice, demand is likely to be only relatively elastic or relatively inelastic, that is, somewhere between the extreme cases of perfect elasticity or inelasticity.
I also believe that the supply of homes is relatively elastic right now.
Violins carved from wood are relatively elastic: as the instrument produces sound, its body responds to the air vibrations.
It can do so for quite some time, because, as continent stuff goes, it is young, made of rock that is still relatively elastic.
Similar(40)
It was found that the FRP retrofits greatly improved shear strength under reversed cyclic loading, attributed to the relatively elastic-like behaviour of the retrofitted specimens.
26 Increases in relatively thin elastic fibers without irregular elastic fibers, such as solar elastosis, were seen in this and our previous studies, suggesting that this NIR irradiation treatment can achieve skin rejuvenation.
The data comparison of MWCNTs PEO and MWCNTs PVA indicate that the polymers with relatively high elastic modulus can keep the elastic deformation of MWCNTs in relatively large degree.
The elasticity of processed produce is relatively price elastic at -1.425.
Dense fibrous connective tissue is composed of closely packed bundles of collagen and their associated fibroblasts, but there are relatively few elastic fibres and little ground substance.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com