MidPoint Arc Elasticity Calculator

When two variables are considered as x and y, then the elasticity of x variable with y variable is called as the arc elasticity which is calculated based on the percentage change in both x and y. Here A and B are the variables for which the midpoint arc elasticity is calculated.

Calculate Midpoint Arc Elasticity

When two variables are considered as x and y, then the elasticity of x variable with y variable is called as the arc elasticity which is calculated based on the percentage change in both x and y. Here A and B are the variables for which the midpoint arc elasticity is calculated.

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Formula:

M = ((B2-B1) / ((B2+B1)/2)) / ((A2-A1) / ((A2+A1)/2)) Where, M = Midpoint Arc Elasticity B2 = Change in B1 Value B1 = Initial Value A2 = Change in A1 Value A1 = Initial Value ((B2-B1) / ((B2+B1)/2)) = Percentage change of B Variable ((A2-A1) / ((A2+A1)/2)) = Percentage change of A Variable

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