asked 53.7k views
2 votes
Suppose a professional basketball game is to be played at a suburbansuburban ​arena, which increases demand for parking on the night of the game. if the suburbansuburban area has thethe ability to create additional parking during periods of peak​ demand, then

1 Answer

7 votes
If the local area is able to supply the extra needed parking then the price they can charge will increase for the night the game is taking place as the demand has increased and the supply can be expected to fill up regardless of the increase in price.
answered
User Bala Ganesh
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.