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Cross Elasticity of Demand

Calculate cross elasticity using the cross elasticity of demand formula.

Cross elasticity: -

How this result was calculated

The formula, your substituted values, and the evaluated result are shown below.

Reference: Formulae and Tables, State Examinations Commission (2014), page 29.

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How the Cross Elasticity of Demand works

This calculator applies the formula given in Formulae and Tables, State Examinations Commission (2014), page 29. Enter values in consistent units.

Formula and inputs

percent_qb ÷ percent_pa

Inputs: % change in demand for B, % change in price of A.

Using the result

The result is rounded to 4 decimal places. Check units, assumptions and significant figures before using the answer.