Price Elasticity of Demand Calculator

Use our price elasticity of demand calculator to calculate the change in the demand for goods and services.

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Price Elasticity of Demand:

PED:
 
Elasticity:
 

Initial Revenue:
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Final Revenue:
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Revenue Growth:
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Learn how we calculated this below


On this page:


Price Elasticity of Demand Formula

PED = \frac{Q_{1} − Q_{0}}{Q_{1} + Q_{0}} \div \frac{P_{1} − P_{0}}{P_{1} + P_{0}}

where:
P0 = initial price
P1 = final price
Q0 = initial quantity
Q1 = final quantity