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).
Definition of resolution for English Language Learners. : 1  the act of finding an answer or solution to a conflict, problem, etc. : the act of resolving something. : 2  an answer or solution to something. : 3  the ability of a device to show an image clearly and with a lot of detail.