Question: $20 to be From the accompanying table, we would expect that, for amateur skaters, the price elasticity of demand for ice skates between $10 and

 $20 to be From the accompanying table, we would expect that,

$20 to be From the accompanying table, we would expect that, for amateur skaters, the price elasticity of demand for ice skates between $10 and than that of hockey players because Price of Ice Skates Quantity Demanded (professional hockey players) Quantity Demanded (amateur skaters) $10 95 70 $20 85 50 $40 75 30 $50 65 20 $60 60 10 O a. less elastic; professional hockey players need skates O b. more elastic; amateur skaters are less likely to substitute skating with other activities O c. less elastic; ice skates are an inferior good for amateur skaters O d. the same; they both skate O e. more elastic; ice skates are less likely to be a necessity for amateur skaters

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