Price Elasticity of Demand (PED) Calculator
Currency applies to price inputs. PED is a unitless measure.
Input Data Points:
Swipe or use the scrollbar below to navigate through input categories.
Initial State (Point 1)
$
New State (Point 2)
$
Tool Actions & Information
This calculator uses the Midpoint (Arc Elasticity) formula to determine the Price Elasticity of Demand.
Formula: PED = (% Change in Quantity Demanded) / (% Change in Price)
PED Calculation Result:
Price Elasticity of Demand (PED):
Disclaimer: This tool is for educational and illustrative purposes. Economic models are simplifications of reality. Real-world factors can influence demand in complex ways.