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).
Primary Meanings of resolution. 1  n a decision to do something or to behave in a certain manner. 2  n a statement that solves a problem or explains how to solve the problem. 3  n something settled or resolved; the outcome of decision making. 4  n a formal expression by a meeting; agreed to by a vote. 5  n the trait of being resolute.