Question: Question 2 1 From the accompanying table, we would expect that, for amateur skaters, the price elasticity of demand for ice skates between $ 1
Question
From the accompanying table, we would expect that, for amateur skaters, the price elasticity of demand for ice skates between $ and $ to be that of hockey players because
tablePrice of Ice Skates,Quantity Demanded professional hockey playersQuantity Demanded amateur skaters$$$$$
less elastic; professional hockey players need skates
the same; they both skate
more elastic; ice skates are a normal good
less elastic; ice skates are an inferior good
more elastic; amateur skaters are more likely to substitute other activities
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