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).
resolution. n. 1. the act or an instance of resolving. 2. the condition or quality of being resolute; firmness or determination. 3. something resolved or determined; decision. 4. a formal expression of opinion by a meeting, esp one agreed by a vote.