It is not to be confused with Price elasticity of supply. Price elasticity of demand (PED or Ed) is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price, ceteris paribus.
Resolution in western tonal music theory is the move of a note or chord from dissonance (an unstable sound) to a consonance (a more final or stable sounding one).
Medical Definition of resolution. 1  1: the separating of a chemical compound or mixture into its constituents. 2  2: the process or capability of making distinguishable the individual parts of an object, closely adjacent optical images, or sources of light. 3  3: the subsidence of a pathological state (as inflammation)