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.
RESOLUTION. A solemn judgment or decision of a court. This word is frequently used in this sense, in Coke and some of the more ancient reporters. It also signifies an agreement to a law or other thing adopted by a legislature or popular assembly.