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.
Definition of elasticity. Elasticity has been described as the degree of responsiveness of the quantity demanded relative to the factors that influence the quantity demanded. It is a ratio of relative change in quantity demanded and the relativesâ changes in factors that affects demand.The different types of elasticity of demand get their names from the factors that influence demand.his type of elasticity is used as a measure of relative changes in quantity demand due to relative changes in commodity prices when all the other factors are held constant. The other types of elasticity of demand are income elasticity of demand and cross price elasticity of demand.