From the accompanying table, we can see that the demand curve for ice skates by hockey players will be the demand curve for recreational skaters. $$\begin{array} { | l | c | c | }
\hline \begin{array} { l }
\text { Price of Ice } \
\text { Skates }
\end{array} & \begin{array} { l }
\text { Quantity } \
\text { Demanded } \
\text { (hockey } \
\text { players) }
\end{array} & \begin{array} { l }
\text { Quantity } \
\text { Demanded } \
\text { (recreational } \
\text { skaters) }
\end{array} \
\hline \$ 10 & 95 & 70 \
\hline \$ 20 & 85 & 60 \
\hline \$ 40 & 75 & 45 \
\hline \$ 50 & 65 & 25 \
\hline \$ 60 & 60 & 5 \
\hline
\end{array}$$
A) steeper than
B) flatter than
C) unrelated to
D) the same as
E) the inverse of

Question

From the accompanying table, we can see that the demand curve for ice skates by hockey players will be the demand curve for recreational skaters. $$\begin{array} { | l | c | c | } 
\hline \begin{array} { l } 
\text { Price of Ice } \
\text { Skates }
\end{array} & \begin{array} { l } 
\text { Quantity } \
\text { Demanded } \
\text { (hockey } \
\text { players) }
\end{array} & \begin{array} { l } 
\text { Quantity } \
\text { Demanded } \
\text { (recreational } \
\text { skaters) }
\end{array} \
\hline \$ 10 & 95 & 70 \
\hline \$ 20 & 85 & 60 \
\hline \$ 40 & 75 & 45 \
\hline \$ 50 & 65 & 25 \
\hline \$ 60 & 60 & 5 \
\hline
\end{array}$$
A) steeper than
B) flatter than
C) unrelated to
D) the same as
E) the inverse of

Quizplus · Accepted Answer

The demand curve for hockey players is steeper than that for recreational skaters, indicating that hockey players' demand is less sensitive to price changes compared to recreational skaters.

From the Accompanying Table, We Can See That the Demand