Price Elasticity of Supply Calculator
Find the price elasticity of supply by the midpoint method and whether supply is elastic.
Change the values and press Calculate to work out your own figures.
Enter the two prices and quantities supplied.
Show the working
- %Δ = (new − old) ÷ ((new + old) ÷ 2)
- elasticity = %Δ quantity ÷ %Δ price
How to use it
Enter the two prices and quantities supplied.
Enter amounts without commas or with them; rates are percentages (5 for 5%). Negative amounts are allowed where a sign means money paid out.
Key facts
elasticity = %Δ quantity supplied ÷ %Δ price
Questions
What is the elasticity of supply if a price rise from $20 to $25 raises supply from 100 to 150?
1.8.
Formulas
elasticity = %Δ quantity supplied ÷ %Δ price
Sources
Limitations
- Results are estimates for planning, not offers or financial advice; lenders and banks may round, count days or time payments differently.
- Rates are nominal annual rates compounded as you choose; payments at a different frequency use the equivalent periodic rate.