What is midpoint elasticity (also known as arc elasticity)?
Midpoint elasticity is an alternate method of calculating elasticity.
Sources and more resources
- UPJ Economics Department – Midpoint formula for elasticity – A summary of how to calculate the midpoint method.
- Lumen Learning – Calculating Price Elasticity using the Midpoint Formula – Part of a larger course on microeconomics, this page details how to use the midpoint formula. Includes formulas and sample questions.
- Wikipedia – Arc elasticity – A quick overview of arc elasticity. Includes formulas.
- Investopedia – Arc elasticity – Explains what arc elasticity is and how to calculate it.