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.
B. Some may want to review supply and demand principles explained in Chapter 4. C. Elasticity of demand measures the responsiveness of quantity demanded to changes in price, income, and price of related goods. II. A. Price elasticity of demand measures the effect of price changes on quantity demanded. B. Sometimes a price increase causes quantity bought to decrease significantly, other times not so much. 1.High airfares for a luxury vacation may cause you to vacation locally.