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).
Princeton's WordNet(5.00 / 3 votes)Rate this definition: resolution, declaration, resolve(noun) a formal expression by a meeting; agreed to by a vote. resolving power, resolution(noun) the ability of a microscope or telescope to measure the angular separation of images that are close together. resoluteness, firmness, firmness of purpose, resolve, resolution(noun)