Price Elasticity, Price Optimization, Price Analysis, Python, Regression.
num=100)) demand = 186652 * np.power(price,elasticity) revenue = price * demand max_revenue = np.max(revenue) max_index = np.argmax(revenue) price[max_index] We can also see from the revenue and price chart (Fig. 5), the highest revenue is when the price is lowest. The percentage difference between