Elasticity is defined as the ability of an object to be able to present elongation or different modifications of its structure without losing the continuity of the material, generally the elasticity is influenced by the support of external forces that are dedicated to reversibly deforming a material, When these elements are no longer influenced by this force, they return to their original or natural form. An example of this statement would be elastic bands, these have a natural shape with a standardized size, this shape will change when a person exerts a specific force to use it, when said band is no longer needed, it simply stops holding the element that is being tightened. and it will return to its natural state.
Another area where the term of elasticity can be used is in the economic area, where it is identified as "economic elasticity" to the variation or modification that a percentage of money can suffer that depends on two identified variables; For example: the sale of a calculator, it involves two types of variables, one of them is the calculator and the other variable is its price, the economic elasticity is represented by the change in the cost of the same material measured by months or years, then relating the price of the calculator to the number of sales it had in a given time. This allows us to identify an important rule in the world of marketing and economics, which states that if the price of a specific material decreases, its sale will increase, while if the price increases, it decreases its frequency in sales.
