L'élasticité
Example: L'élasticité du marché influence fortement les décisions économiques.
Definition
"L'élasticité" refers to the property of a material or system to return to its original shape or state after being stretched, compressed, or deformed. In economics, it describes how the quantity demanded or supplied reacts to changes in price or other factors.
Etymology
The word "l'élasticité" comes from the French adaptation of the Greek word 'elastikos,' meaning 'able to be stretched.' It entered French through Latin 'elasticus.' Did you know? The concept of elasticity was first studied in physics before being applied to economics.
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"L'élasticité" appears in the Vocaplus list "French - General - (C2) - set 1", containing 95 commonly used words.
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