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Description
This PR collects feedback from the reading group on intro_supply_demand
.
Code
- Remove classes and use
NamedTuple
- Add more explanation and comments on functions we used in the exercise
scipy.optimize.minimize_scalar
andscipy.optimize.newton
Content
- Explain willingness to pay and the actual price. We can add a visualization showing consumers' willingness to pay and calculate the discrepancy to the actual price (Can we run a simulation?).