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The y arc elasticity of x is defined as: , = % % where the percentage change in going from point 1 to point 2 is usually calculated relative to the midpoint: % = (+) /; % = (+) /. The use of the midpoint arc elasticity formula (with the midpoint used for the base of the change, rather than the initial point (x 1, y 1) which is used in almost all other contexts for calculating percentages) was ...
Loosely speaking, this gives an "average" elasticity for the section of the actual demand curve—i.e., the arc of the curve—between the two points. As a result, this measure is known as the arc elasticity, in this case with respect to the price of the good. The arc elasticity is defined mathematically as: [16] [17] [18]
An example of semi-elasticity is modified duration in bond trading. The opposite definition is sometimes used in the literature. That is, the term "semi-elasticity" is also sometimes used for the change (not percentage-wise) in f(x) in terms of a percentage change in x [9] which would be
This is analogous to the way circular angle measure is the arc length of an arc of the unit circle in the Euclidean plane or twice the area of the corresponding circular sector. Alternately hyperbolic angle is the area of a sector of the hyperbola = Some authors call the inverse hyperbolic functions hyperbolic area functions.
Newton's cradle simulation with two balls of equal mass; assuming perfect elasticity which implies no energy loss in collisions. The left ball is pulled away which lifts it, and then let go. The left ball swings back as it falls and strikes the right ball, transferring all its momentum to the right ball because they are the same mass.
The calculus of variations began with the work of Isaac Newton, such as with Newton's minimal resistance problem, which he formulated and solved in 1685, and published in his Principia in 1687, [2] which was the first problem in the field to be clearly formulated and correctly solved, and was one of the most difficult problems tackled by variational methods prior to the twentieth century.
The elasticity tensor is a fourth-rank tensor describing the stress-strain relation in a linear elastic material. [ 1 ] [ 2 ] Other names are elastic modulus tensor and stiffness tensor . Common symbols include C {\displaystyle \mathbf {C} } and Y {\displaystyle \mathbf {Y} } .
Expressed in terms of components with respect to a rectangular Cartesian coordinate system, the governing equations of linear elasticity are: [1]. Equation of motion: , + = where the (), subscript is a shorthand for () / and indicates /, = is the Cauchy stress tensor, is the body force density, is the mass density, and is the displacement.