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large. 1-0 c. Using the elasticity of residual supply equation, n = co estimate the residual supply elasticity for one state. Assume all 50 states
large. 1-0 c. Using the elasticity of residual supply equation, n = co estimate the residual supply elasticity for one state. Assume all 50 states are identical, the national elasticity of supply is 0.25, and the elasticity of demand for each state is -0.26. The residual supply elasticity of a representative state is .(round your answer to two decimal places)
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