How It Works

Step 1: Access the Cross-Elasticity Calculator
Open the economics calculator interface.

Step 2: Input Price/Demand Change for Two Goods (A and B)
Enter the initial/final price of Good A and the initial/final quantity demanded of Good B.

Step 3: Click the Calculate Button
Press 'Calculate Elasticity'.

Step 4: Review the Coefficient and Relationship Type
The tool will display the Cross-Elasticity coefficient and state if the goods are substitutes or complements.