The technological conservatism of bicycle manufacturers is a reflection of the kinds of demand they are trying to meet. The only cyclists seriously interested in innovation and willing to pay for it are bicycle racers. Therefore, innovation in bicycle technology is limited by what authorities will accept as standard for purposes of competition in bicycle races.
Which of the following is an assumption made in drawing the conclusion above?
Answer is (C) Bicycle racers do not generate a strong demand for innovations that fall outside what is officially recognized as standard for purposes of competition.