IB DP Microeconomics · SL & HL
Elasticity calculator
Type the before-and-after values and get the coefficient with its interpretation — PED, YED or XED. To see elasticity move along a demand curve instead, try the elasticity explorer.
PED = %Δ quantity demanded ÷ %Δ price
- PED
- -1.00
- Which means
- unit elastic
Unit elastic: quantity changes in exact proportion to price.