Price Elasticity, Price Optimization, Price Analysis, Python, Regression.
elasticity is present, a higher discount is required to achieve revenue growth. On the other hand, inelasticity demonstrates revenue growth even when raising the price points. #add -0.8 inelastic elasticity1 = -0.8 Set price range price = list(np.linspace(15, 1000, num=100)) demand1 = 186652 *