Create a function that takes parameters for the demand function, and which visualizes the income function, marginal income and price elasticity, and which identifies where the demand function is elastic, neutral-elastic and inelastic.
This task should show an income function with marginal revenue, price elasticity, which identifies a function of elastic, neutral and unrealistic. I have the opportunity to choose what the graph should show, but mostly within Norwegian banks. the thesis is made in something called JupyerLabs
which is phyton only in the school variant.
the task translated: Create a function that takes parameters for the demand function, and which visualizes the income function, marginal income and price elasticity, and which identifies where the demand function is elastic, neutral-elastic and inelastic.
