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  2. 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.

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.

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.


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