Arc Elasticity Advanced Calculator

Arc Elasticity Calculator

Arc Elasticity Calculator

Arc Elasticity Calculator

Component Description
Initial Quantity (Q1) The initial quantity of goods or services sold.
Final Quantity (Q2) The final quantity of goods or services sold.
Initial Price (P1) The initial price of the goods or services.
Final Price (P2) The final price of the goods or services.
Arc Elasticity The measure of elasticity between two points on a demand curve.
Formula Arc Elasticity = ((Q2 – Q1) / (Q2 + Q1)) / ((P2 – P1) / (P2 + P1))
Purpose Used to measure the responsiveness of quantity demanded to changes in price over a specific range of prices.

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