General:
* Flexibility: This is a very common synonym for elasticity.
* Resilience: This implies a capability to bounce back after being stretched or compressed.
* Pliability: This emphasizes the ease with which something can be bent or shaped.
* Suppleness: Similar to pliability, this suggests a smooth and yielding quality.
In Economics:
* Responsiveness: This refers to the degree to which one variable changes in response to changes in another.
* Sensitivity: This suggests a delicate or subtle reaction to changes.
* Price sensitivity: This is specifically used to describe the relationship between price changes and demand.
In Physics:
* Deformability: This refers to the ability of a material to change its shape under stress.
* Extensibility: This specifically refers to the ability to stretch or extend.
* Compressibility: This refers to the ability to be squeezed or compressed.
It's important to choose the synonym that best fits the specific meaning and context of your sentence.