Price Elasticity of Demand (PED Dynamic Calculator)
Initial Point A (P₁, Q₁)
New Point B (P₂, Q₂)
Price Elasticity of Demand (PED)
Elastic (|PED| = 1.00)
% Δ Quantity = -40.0%
% Δ Price = +40.0%
PED Formula: (% Δ Q) / (% Δ P) = -1.00
Price Change (P₁ → P₂)
50 → 70 (+40%)
Quantity Change (Q₁ → Q₂)
50 → 30 (-40%)