Price elasticity of demand calculator
From two prices and volumes, see whether raising the price lifts or cuts revenue, and the expected revenue at a new price.
Price elasticityIf I raise the price, does revenue rise or fall?
Price elasticity-1.34
MeaningElastic: raising the price lowers revenue
Expected volume at the new price783
Expected revenue at the new price$18,794.95
USD
USD
USD
| Revenue | |
|---|---|
| $20.00 | 20,000 |
| $22.00 | 19,360 |
| $24.00 (expected) | 18,795 |
Highest $20.00: 20,000 USD (34%) · lowest $24.00 (expected): 18,795 USD · total 58,155 USD
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Upload your orders or report to DataMimi and ask in plain English — this calculator opens prefilled with the prices, volumes and costs from your own file, and every figure shows which rows it came from.
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