Definition of "Elasticity of Supply"

Sensitivity of production to price changes. As prices increase, production supply rises (e.g., luxury cars) because the demand for such items decreases. If the production supply does not increase, the goods are considered to be inelastic (e.g., food).

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s purchased at the market and the limit is canceled. If the price falls to 30, the limit is executed and the stop is canceled. If there is a partial execution of one, the number of shares executed is automatically canceled from the other. An either/or order is used by an investor who is uneasy about a stock's price movement and wants to protect an interest or position if the price fluctuates in an unexpected manner.