PPolySim OS
Operations & Economics Pack · Multi-Solver

Pricing Strategy

Elasticity & margin. This multi-solver chains 2 solvers into a single guided workflow — run each step in order and carry the result forward.

Workflow steps
  1. elasticity
  2. monopoly
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Price Elasticity of DemandLive

Controls

Presets

Elasticity measures how much quantity demanded responds to price. Where demand is elastic (|E| > 1), a price cut raises total revenue; where it is inelastic, a price cut lowers revenue. On a straight-line demand curve the top half is elastic, the bottom half inelastic, and revenue peaks exactly at the midpoint where elasticity equals one.

▶ Run in Python

Data Inspector

Quantity50.0
Elasticity-1.00
Typeunit
Revenue$2500

Governing equation

Reading this result: You are at the unit-elastic midpoint: revenue is at its maximum, and small price moves in either direction leave it roughly unchanged.

Runs locally in your browser — free forever. Scale to the cloud when reality gets heavy.

Monopoly PricingLive

Controls

Presets

A monopolist maximizes profit where marginal revenue equals marginal cost — then charges the price the demand curve allows. Because MR lies below demand, the monopoly produces less and charges more than a competitive market (where price equals MC). The red triangle is the deadweight loss: mutually beneficial trades that never happen.

▶ Run in Python

Data Inspector

Monopoly price$65.0
Monopoly qty35.0
Competitive qty70.0
Deadweight loss613
Profit1225

Governing equation

Reading this result: At MC = $30, the monopolist makes 35 units and charges $65 — a $35 markup over cost. That output is exactly half the competitive 70, and the shaded triangle (613) is the welfare lost to that restraint.

Runs locally in your browser — free forever. Scale to the cloud when reality gets heavy.

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More in the Operations & Economics pack

Frequently asked questions

What is the Pricing Strategy multi-solver?
Pricing Strategy is a guided workflow that chains 2 individual PolySim solvers into one end-to-end analysis, piping each result into the next step.
Is it free to use?
Yes. Every step runs entirely in your browser using real numerics — no install, no account, no cloud cost. Custom or private solver packs are available as a paid service.