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).
Webster Dictionary(5.00 / 1 vote)Rate this definition: Resolution(noun) the act, operation, or process of resolving. Specifically: (a) The act of separating a compound into its elements or component parts. (b) The act of analyzing a complex notion, or solving a vexed question or difficult problem.