Step 1: Concept
The $p50$ value represents the partial pressure of oxygen ($pO_2$) required to achieve 50% saturation of the protein.
Step 2: Meaning
A lower $p50$ indicates a higher affinity for oxygen.
Step 3: Analysis
Myoglobin has a very high affinity with a $p50$ of approximately 2 mmHg. Hemoglobin has a lower affinity to facilitate oxygen release in tissues, with a $p50$ of approximately 26 mmHg.
Step 4: Conclusion
The ratio 26/2 is roughly 13, making "ten times" the closest and most appropriate relative estimate.
Final Answer: (C)