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. 1  the act or process of resolving something or breaking it up into its constituent parts or elements. 2  the result of this. 3  a resolving, or determining; deciding. 4  the thing determined upon; decision as to future action; resolve.