Price Elasticity of Supply and Demand Calculator

Original Quantity =
New Quantity =
Original Price =
New Price =
Price Elasticity (PED or Ed) =

Price elasticity of demand (PED or Ed) is a measure used in economics to show the elasticity, or responsiveness, of the quantity demanded of service or a good to a change in its price.

Price Elasticity of Supply and Demand Formula :

Price Elasticity (PED or Ed) = Change in Quantity / Change in Price


Change in Price = ((New Price - Original Price) / Original Price)

Change in Quantity = ((New Quantity - Original Quantity) / Original Quantity) provides you helpful and handy calculator resources.