elasticity

noun

1. (countable, uncountable)The property by virtue of which a material deformed under load can regain its original dimensions when unloaded
2. (countable, uncountable)The sensitivity of changes in a quantity with respect to changes in another quantity.

   “If the sales of an item drop by 5% when the price increases by 10%, its price elasticity is −0.5.”

   “Given elasticity of demand, there is a strong argument that filling the millions of empty seats through lower fares could actually increase revenue.”

3. (countable, uncountable)A measure of the flexibility of a data store's data model and clustering capabilities.
4. (countable, uncountable)A system's ability to adapt to changes in workload by automatically provisioning and de-provisioning resources.
5. (countable, uncountable)The ratio of the relative change in a function's output with respect to the relative change in its input, for infinitesimal changes at a certain point.
6. (countable, uncountable)The quality of being elastic.
7. (countable, uncountable)Adaptability.

   “Her elasticity allowed her to recover quickly.”

   “"I'll have a try at it, Gladys, if you will only give me an idea what would please you." She laughed at the elasticity of my character.”