Similar terms
What is dynamic packaging? Dynamic packaging is a customer-centric approach to packaging.
Hospitality providers may vary the products and services bundled in a package to suit the needs of the individual consumer.
What does elastic mean? Elastic is an economic term relating to the dynamics of supply and demand.
Whenever a 1 percent change in price causes more than a 1 percent change in quantity supplied or demanded, the elasticity calculation will result in a number greater than 1.