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.
Princeton's WordNet(2.67 / 3 votes)Rate this definition: 1  reason, reason out, conclude(verb) decide by reasoning; draw or come to a conclusion. 2  conclude(verb) bring to a close. 3  conclude, resolve(verb) reach a conclusion after a discussion or deliberation. 4  conclude, close(verb) come to a close. 5  conclude(verb) reach agreement on.