Assertion: elasticity | /r/HasProperty | high
Facets:
value: relatively
type: DEGREE
value: similarly
type: DEGREE
value: very
type: DEGREE
Source sentences:
text: If the proportion is high, elasticity is high
text: Since durable goods can be stored for a long time, its elasticity of supply is very high.
text: If elasticity is high, a price decrease will cause an overly proportional increase in demand, making it profitable to decrease the price.
text: Similarly, if a slight price decrease causes large increase in demand, elasticity of price is high.
text: Companies can enjoy certain advantages when the elasticity of demand is relatively high.
text: Companies are better able to find the optimum price for products when the elasticity of demand is high.
text: Business owners may be able to increase sales when the elasticity of demand is high for the types of products or services they sell.