Free Price Elasticity of Demand Calculator for New Zealanders
Price elasticity of demand (PED) measures how sensitive customer demand is to a price change. Anything above 1 (in absolute terms) is elastic, below 1 is inelastic, exactly 1 is unit elastic.
Your data
$20
$
$25
$
1,000
800
Price elasticity of demand
-0.89
Inelastic
A 25.0% price rise led to a 20.0% drop in quantity demanded.
% change in quantity-20.0%
% change in price25.0%
ClassificationInelastic
About our Price Elasticity of Demand Calculator
Disclaimer: This calculator is for information only and does not constitute financial advice. Real-world figures may differ due to fees, rounding, rate changes, and policy specifics. Always confirm figures with the relevant provider before signing anything.