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`"Cross-Price Elasticity of Demand" = ( CDA )/( CPB )`

Enter a value for all fields

The **Cross-Price Elasticity of Demand** calculator computes the ratio that indicates how the demand change in one product responds to the price change in another.

**INSTRUCTIONS** Enter the following:

- (
**CDA**) Percent change in the demand of Product 1 - (
**CPB**) Percent change in the price of Product 2

**Cross-Price Elasticity of Demand (E _{XY}):** The calculator computes the Cross-Price Elasticity of Demand. Note elasticity is rounded to the nearest 1/1000

The formula for Cross-Price Elasticity of Demand is:

E_{XY} = (%ΔQ_{X}) / (%ΔP_{Y})

where:

- E
_{XY}is the cross-price elasticity of demand - %ΔQ
_{X}is the percent change in demand of product X - %ΔP
_{Y}is the percent change in the price of product Y

- Income Elasticity of Demand
- Cross-Price Elasticity of Demand
- Price Elasticity of Demand
- Price Elasticity of Supply
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- Unemployment Rate
- Inflation Rate in Year 2 (using CPI)
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- Real Exchange Rate
- Currency Converter
- Midpoint Method for Price Elasticity of Demand
- Income Elasticity of Demand
- Simple Price Elasticity of Demand

- “Chapter 7 Consumer Choice and Elasticity.”
*AP Microeconomics 2018*, by Eric R. Dodge, McGraw Hill Education, 2017. - Mankiw, N. Gregory. "Chapter 5:Other Demand Elasticities."
*Principles of Microeconomics*. 6th ed. Mason, OH: Thomson/South-Western, 2004. 97. Print.