For a Parking Garage of Fixed Capacity,the Owner Sets Different

Multiple Choice

For a parking garage of fixed capacity,the owner sets different parking rates for cars that are parked for less than 24 hours (short-term) and for those that are parked for more than 24 hours (long-term) .To maximize revenue,the operator should set prices and target the number of places for each segment such that:

A) the marginal revenues from the segments are equal.
B) the total revenues from each of the segments are equal.
C) the short-term consumers pay a higher hourly price.
D) the long-term consumers pay a higher hourly price.
E) the price paid by both short-term and long-term consumers is equal.