How to use this tool
Check the units, enter your values, and run the tool. Results follow the assumptions and method below.
Calculation method
Income elasticity
demand/incomeIncome percentage change must be nonzero.
Income percentage change must be nonzero.
Enter your values and run the tool to see your result.
Check the units, enter your values, and run the tool. Results follow the assumptions and method below.
demand/income