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💸 Price It Right – Business Simulator

An interactive pricing + demand simulator built with React Typescript + Vite.
Users adjust the price of a product to visualize demand, revenue, and profit in real-time — complete with market twist events like a crash, new competition, or viral trend.

Preview of app 🔗 Live Demo: https://priceprofit.cleof.us


🎯 Features

  • 📊 Dynamic demand curve visualization with Chart.js
  • 💰 Real-time calculation of:
    • Profit = (Price - Cost) × Demand
    • Revenue = Price × Demand
  • 🔀 Random market events (simulate a crash, new competitor, etc.)
  • 🎛️ Responsive slider UI for live price control
  • 🔥 Fully responsive and mobile-ready

🧠 Core Business Concepts

This project helps demonstrate:

Concept Description
Supply & Demand Inverse relationship shown visually
Price Elasticity See how demand shifts with price changes
Profit Optimization Maximize profit, not just sales
Market Forces See how external shocks affect demand

Connected to lessons:
Pricing, Supply & Demand, Game Theory, Econ Strategy @ Business & Econ Tesla STEM High School


🛠 Tech Stack

Tool Purpose
React 18 UI Framework
Vite Build tool / Dev server
TypeScript Type safety
Chart.js + react-chartjs-2 Graph rendering
Tailwind CSS Styling / Layout
Lucide-react Icons

🚀 Local Development

# 1. Install dependencies
npm install

# 2. Start dev server
npm run dev

# 3. Visit localhost
http://localhost:5173