Elasticity Score

An Elasticity Score is a score value from an elasticity measure.

• AKA: Elasticity Value.
• Context:
  • It can range from being Negative Elasticity(inelastic) to being Neutral Elasticity to being Positive Elasticity (elastic).
• Example(s):
  • an Elasticity of Demand Score.
  • an Elasticity of Supply Score.
  • …
• Counter-Example(s):
  • a Marginal Price.
• See: Price Elasticity.

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