elasticidad

noun
  1. The ability of an object or material to resume its normal shape after being stretched or compressed; stretchiness. noun
    The elasticidad of the rubber band allowed it to stretch around the large bundle of papers.
    The fabric's elasticidad made it ideal for sportswear, providing comfort and flexibility.
  2. In economics, the degree to which a demand or supply is sensitive to changes in price or income. noun
    The elasticidad of demand for luxury goods is often higher than that for necessities.
    Understanding the elasticidad of supply can help businesses predict how changes in market conditions will affect their production.

translations

🇪🇸 Spanish → elasticidad tekninen, taloustieteellinen