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:
[1913 Webster] To resolve a nebula.(Astron.) See Resolution of a nebula, under Resolution. [1913 Webster] Syn: To solve; analyze; unravel; disentangle. [1913 Webster] The Collaborative International Dictionary of English v.0.48:Resolve \Re*solve\, n. 1. The act of resolving or making clear; resolution; solution.
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.