Price Elasticity of Demand (PED) — Calculator
Search & pick a currency — symbols appear in results & chart labels.
Point = % change relative to original. Arc = average base for larger changes.
Price Elasticity of Demand (PED):
Classification:
Prices:
Quantities:
Tip: Use Arc Elasticity for larger changes. Unit Elastic = |PED| = 1. Elastic if |PED| > 1, Inelastic if |PED| < 1.