Price Elasticity of Demand Calculator

Want to know how demand changes with price? Enter the initial and final prices and quantities, and our Price Elasticity of Demand Calculator will show you the elasticity!

Price Elasticity of Demand Calculator

Price Elasticity of Demand Calculator

Parameter Description Example Value
Initial Price The initial price of the product. $10
New Price The new price of the product after a change. $12
Initial Quantity The initial quantity demanded at the initial price. 100 units
New Quantity The new quantity demanded at the new price. 80 units
Price Elasticity of Demand The percentage change in quantity demanded divided by the percentage change in price. -1.25

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