Price Elasticity, Price Optimization, Price Analysis, Python, Regression.
based on elasticity and the demand function. By using a price range between 15 and 1000, we see that the optimised price for max revenue is $15, which is the lowest price point. import numpy as np # Set price elasticity range elasticity = -1.05 # Set price range price = list(np.linspace(15, 1000,