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Solve it please 1} Assume that you have estimated a mark-up pricing relationship as M = 0.76 + 0.45Pr. If the retail- level price elasticity

Solve it please

1} Assume that you have estimated a mark-up pricing relationship as M = 0.76 + 0.45Pr. If the retail- level price elasticity of demand is 0.57 and the retail level price is $2.62, what is the farm-level price elasticity of demand

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