How do we describe elasticity of demand for a good at a certain price greater than one?

When the elasticity of demand for a good is greater than one, it indicates that the demand for that good is elastic. This means that a percentage change in price will result in a larger percentage change in the quantity demanded. In practical terms, consumers are relatively sensitive to price changes, and if the price increases, the quantity demanded will decrease significantly, and vice versa. This often occurs for non-essential goods or those with readily available substitutes.