An electronic oscillator is an electronic circuit that produces a periodic, oscillating electronic signal, often a sine wave or a square wave.
Elasticity of supply measures how the amount of a good changes when the producer hires more employees. Elasticity of supply measures how the amount of a good changes when the producer uses new materials. Elasticity of demand measures how the amount of a good changes when its price goes up or down. Elasticity of demand measures how the amount of a good changes when its distribution expands.
Price Elasticity of Supply. 1  If PEoS > 1 then Supply is Price Elastic (Supply is sensitive to price changes) 2  If PEoS = 1 then Supply is Unit Elastic. 3  If PEoS < 1 then Supply is Price Inelastic (Supply is not sensitive to price changes)