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Cross Price Elasticity of Demand
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Cross Price Elasticity of Demand (CPED)
The Input Parameters
Initial Price of Good X (£)
0
10
20
30
40
50
60
70
80
90
100
Initial Quantity of Good Y (Q)
0
10
20
30
40
50
60
70
80
90
100
Final Price of Good X (£)
0
10
20
30
40
50
60
70
80
90
100
Final Quantity of Good Y (Q)
0
10
20
30
40
50
60
70
80
90
100
Price of Good Y (£)
0
1
2
3
4
5
6
7
8
9
10
Virtual Worlds...
Economy
Bank of Biz/ed
US Bank of Biz/ed
Developing Country
Factory
Learning Arcade
Farm
