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Cross Price Elasticity Calculator
Measure how demand for one good responds to a price change in another.
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Cross price elasticity
Compare Your Options And Get Clear Answers
Measure how demand for one good responds to a price change in another.
Cross Price Elasticity Estimator
Enter your numbers below for an instant estimate.
0
π‘ Tip: E = %change in Qa / %change in Pb (midpoint method).
How It Works
Key concepts behind this calculator
1
Enter Values
Fill in each field with your own numbers.
2
Calculate
Results update as you change the inputs.
3
Review
Read the breakdown and the explanation.
4
Adjust
Change values to compare scenarios.
Quick Reference Guide
Cross Quick Guide
Typical values for reference.
| Q1 | Q2 | P1 | Elasticity |
|---|---|---|---|
| 1000 | 1100 | 2 | 1.000 |
| 500 | 400 | 3 | 1.222 |
| 2000 | 2400 | 1 | 1.000 |
| 100 | 90 | 10 | -0.579 |
| Rule of Thumb | Check inputs | Use as a guide | Round sensibly |
Common Questions
Cross Price Elasticity Calculator FAQ
Answers to common questions about this calculator.
How demand for A changes when the price of B changes.
The goods are substitutes.
They are complements.
The midpoint method.