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Elastic N.V. (ESTC) key stats comparison: compare with other stocks by metrics: valuation, growth, profitability, momentum, EPS revisions, dividends, ratings.
Elasticity and inelasticity of demand refer to the degree to which demand responds to a change in an economic factor. Price is the most common economic factor used when determining elasticity.
An elastic product is one whose price increases or decreases result in a proportional change in demand. Clothing, electronics, airline tickets, and luxury goods are some common examples of elastic ...