Solved

Template for price elasticity

Posted on 2012-09-16
521 Views
Dear experts,

In school we're having several exercises about price elasticity in all their different diagrams.
Normally you only fill in quantities and prices, but if you know of other helpful information to know when we calculate this, please share.

So I was just wondering if someone had a template for creating these curves in Excel 2007?
If so, I would love to give you 500 points :-)

DanishCoder

Note: I don't know if the forms would be different since I use a Danish version.
0
Question by:DanishCoder

LVL 29

Accepted Solution

I found this link where you could download an Excel workbook that shows curve charts that change depending on the numbers you put in.  I don't understand much of it but maybe you would.

http://www.tushar-mehta.com/excel/charts/demand_elasticity/
0

Author Comment

IrogSinta,

Thanks so far. My teacher has been busy for a long time, so please have some patience on me :-) ...but since this is the only answer, I think you will soon be 500 points richer :D

/DC
0

Author Closing Comment

Thanks! Have fun :-)
0

Featured Post

A2 = A1 That kind of cell reference is relative.  If you copy it from A2 to B2, then B2 will get this: B2 = B1 That's all fine and good, but if you then insert a new row above row 2, you'll find: A3 = A1 B3 = B1 This is intentional. …
Approximate matching with VLOOKUP and MATCH seems to me to be a greatly under-used technique, and one which is vital for getting good performance out of large lookups. Until recently I would always have advised using an exact match for simplicity an…
The viewer will learn how to use a discrete random variable to simulate the return on an investment over a period of years, create a Monte Carlo simulation using the discrete random variable, and create a graph to represent the possible returns over…
This Micro Tutorial will demonstrate how to create pivot charts out of a data set. I also added a drop-down menu which allows to choose from different categories in the data set and the chart will automatically update.