In economics, elasticity is the measurement of how responsive an economic variable is to a change in another. It gives answers to questions such as:
resolve. 1 verb To resolve a problem, argument, or difficulty means to find a solution to it. FORMAL We must find a way to resolve these problems before it's too late... V n. 2 verb If you resolveto do something, you make a firm decision to do it.
1. Showing or characterized by equity; just and fair. See Synonyms at fair1. 2. Law. a. Of or relating to rights historically enforced in courts of equity. b. Resolved not simply according to the strict letter of the law but in accordance with principles of substantial justice and the unique facts of the case.