Cross Price Elasticity Of Demand Calculator

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Posted by Dinesh on

This calculator calculates the cross elasticity of demand using old quantity demanded, new quantity demanded, old price, new price values.

Cross Price Elasticity Of Demand Calculation

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Formula:

Formula: Cross Price Elasticity of Demand = % change in quantity demanded of product of A / % change in price product of B
% change in quantity demanded = (new demand- old demand) / old demand) x 100
% change in price = (new price - old price) / old price) x 100

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