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, Total Revenue, and the Linear Demand Curve. Elasticity measures the degree to which the quantity demanded responds to a change in price. When the elasticity of demand is greater than one (represented above by the purple regions), demand is considered elastic and lowering the price leads to an increase in revenue.