Price Elasticity, Price Optimization, Price Analysis, Python, Regression.
the highest revenue ($154,420) and the lowest revenue ($115,088) is 34%, and we see a smaller difference after raising the price to $200. price_df.plot(kind='line', y='Revenue', x="Price") plt.ylim(0,170000) Fig 5. Revenue vs Price Price strategy based on elasticity Once we have the price