Elasticity of Demand Calculator Online

Elasticity of Demand Calculator

Price Elasticity of Demand (PED)

Initial Price ($):

New Price ($):

Initial Quantity Demanded:

New Quantity Demanded:

Price Elasticity of Demand (PED): –

Interpretation: –

Income Elasticity of Demand (YED)

Initial Income ($):

New Income ($):

Initial Quantity Demanded:

New Quantity Demanded:

Income Elasticity of Demand (YED): –

Interpretation: –

Cross Elasticity of Demand (XED)

Initial Price of Related Good ($):

New Price of Related Good ($):

Initial Quantity Demanded:

New Quantity Demanded:

Cross Elasticity of Demand (XED): –

Interpretation: –

Elasticity of Demand Calculator: Price, Income & Cross Elasticity

This calculator helps determine how sensitive demand is to changes in price, income, or the price of related goods. Used in economics and business strategy, elasticity measures include:

Price Elasticity of Demand (PED)
- Measures how quantity demanded responds to price changes
- Formula: %ΔQd / %ΔP
Income Elasticity of Demand (YED)
- Measures how demand changes with consumer income
- Formula: %ΔQd / %ΔIncome
Cross Elasticity of Demand (XED)
- Measures how demand for one good changes with the price of another
- Formula: %ΔQd of Good A / %ΔPrice of Good B

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