Use the following data for a supply curve to calculate the elasticity of supply. 
Definitions:
Private Company Council
A body that provides recommendations to the Financial Accounting Standards Board (FASB) regarding the accounting treatment for private companies.
Legally Independent
The status of an entity that operates under its own legal rights and responsibilities, separate from its owners or other entities.
Tax Abatement
A reduction or exemption from taxes granted by a government for certain activities or investments, often used to encourage economic development.
Purposes
The intended or desired outcomes or goals of actions, projects, or entire organizations.
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