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.
reduce. verb abate, abbreviate, abridge, attenuate, bring low, compact, compress, condense, contract, curtail, cut down, decimate, decrease, demean, diminish, disgrace, downgrade, humble, imminuere, lessen, lower, make less, make smaller, minimize, narrow, shorten, shrink, thin.educe. verb abate, abbreviate, abridge, attenuate, bring low, compact, compress, condense, contract, curtail, cut down, decimate, decrease, demean, diminish, disgrace, downgrade, humble, imminuere, lessen, lower, make less, make smaller, minimize, narrow, shorten, shrink, thin.