An electronic oscillator is an electronic circuit that produces a periodic, oscillating electronic signal, often a sine wave or a square wave.
Elasticity of supply measures how the amount of a good changes when the producer hires more employees. Elasticity of supply measures how the amount of a good changes when the producer uses new materials. Elasticity of demand measures how the amount of a good changes when its price goes up or down. Elasticity of demand measures how the amount of a good changes when its distribution expands.
Elasticity in General Elasticity measures the percent change in one economic variable when there is a 1%change in a different economic variable. There are many different elasticities; here weâlllook at the price elasticity of demand and the price elasticity of supply. Price Elasticity of Demand The price elasticity of demand measures how consumers respond to a price change. Theprice elasticity of demand is the percentage change in quantity demanded of a gooddivided by the percentage change in the price of that same good (and you must take theabsolute value of the whole thing).