Price Elasticity of Supply and Demand Calculator
Use this online calculator to estimate the elasticity of supply and demand with the given original and new quantity and price.
Elasticity of Change in Quantity / Price Calculation
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Price Elasticity (PED or Ed) = Change in Quantity / Change in Price
Change in Quantity = ((New Quantity - Original Quantity) / Original Quantity)
Change in Price = ((New Price - Original Price) / Original Price)
Calculation of Elasticity of Supply and Demand is made easier here.