Economics

Cross-Price Elasticity Calculator

Cross-price elasticity measures how much demand for Good A changes when the price of Good B changes. Positive values indicate substitutes; negative values indicate complements.

Reference Guide
XPE > 0 (positive)Substitutes
XPE < 0 (negative)Complements
XPE = 0Unrelated / Independent
|XPE| > 1Highly elastic relationship
|XPE| < 1Inelastic relationship