elasticity
The Spanish word 'elasticidad' translates to 'elasticity' in English. In everyday language, elasticity may refer to a material's ability to return to its original shape after being stretched or deformed. In economics, it's a measure of a variable's responsiveness to a change in another variable. In physics, elasticity is the property of solid materials to return to their original shape or size after the forces deforming them have been removed.
The elasticity of the rubber is impressive.
In this sentence, 'elasticidad' is used to describe the characteristic of a physical object (rubber), that is able to return to its original form after being stretched or compressed.
The elasticity of demand is an economic concept.
This phrase refers to a concept in economics where 'elasticidad' plays a central role to describe how the quantity demanded changes in response to a change in price.
Regular stretching improves muscle elasticity.
In this context, 'elasticidad' refers to the ability of muscles to return to their original length after being contracted or stretched.