Assertion: elasticity | /r/HasProperty | important
Facets:
value: in economics
type: LOCATION
value: very
type: DEGREE
value: crucially
type: DEGREE
Source sentences:
text: Elasticity is also crucially important in any discussion of welfare distribution, in particular consumer surplus, producer surplus, or government surplus.
text: The elasticity of skin is an important factor in the successful practice of skin grafting.
text: The elasticity of demand is an important metric to consider how consumers react to income changes in relation to certain goods.
text: Elasticity is a very important concept in economics.
text: Elasticity is important because yarns that have natural stretch are easier to work with.