Economics
Textbooks
Boundless Economics
Elasticity and its Implications
Other Demand Elasticities
Economics Textbooks Boundless Economics Elasticity and its Implications Other Demand Elasticities
Economics Textbooks Boundless Economics Elasticity and its Implications
Economics Textbooks Boundless Economics
Economics Textbooks
Economics
Concept Version 8
Created by Boundless

Calculating Elasticities

Arc Elasticity

Arc Elasticity

To calculate the arc elasticity, you need to know two points on the demand curve. The calculation does not require a function for the relationship between price and quantity demanded.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Arc Elasticity."
    https://commons.wikimedia.org/wiki/File:Arc_Elasticity.jpg Wikimedia CC BY-SA.

Related Terms

  • Arc elasticity
  • Point elasticity
  • Subjects
    • Accounting
    • Algebra
    • Art History
    • Biology
    • Business
    • Calculus
    • Chemistry
    • Communications
    • Economics
    • Finance
    • Management
    • Marketing
    • Microbiology
    • Physics
    • Physiology
    • Political Science
    • Psychology
    • Sociology
    • Statistics
    • U.S. History
    • World History
    • Writing

    Except where noted, content and user contributions on this site are licensed under CC BY-SA 4.0 with attribution required.