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.
The price elasticity of supply is the measurement of the responsiveness of producers on the changes in the price. The determinants of price elasticity of supply include time period and the existence of spare capacity. The first determinant is time period. Producers usually cannot provide more supply of their product in a short period of time immediately. The longer the time period, the more product will be supplied.