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​A Parking Lot in a Busy Downtown District Is Experimenting

Question 39

Multiple Choice

​A parking lot in a busy downtown district is experimenting with its pricing strategy to figure out where it should price its spaces.Which of the following strategies should it implement?


A) ​Increase parking rates if the lot fills up much earlier than 9am
B) Decrease parking rates if the lot doesn't fill up until much after 9am
C) If the lot fills up right around 9am the price is right
D) ​All of the above

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