Choose Index below for a list of all words and phrases defined in this glossary.
Elasticity - Comes from "elasticity of demand" to determine what effect in response a change in price or offer will create. Those markets that show little change are inelastic; those that vary greatly with price are highly elastic.
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Source: Postcom, 03 March 2010 10:40:50, http://postcom.org/public/admail_image/glossary.htm
Data Quality Glossary. A free resource from GRC Data Intelligence. For comments, questions or feedback: dqglossary@grcdi.nl