Question: Attempts Keep the Highest / 4 2 . Individual Problems 12-2 Consider Cowboys Stadium, a large football stadium that can seat approximately 80,000 people (and


Attempts Keep the Highest / 4 2 . Individual Problems 12-2 Consider Cowboys Stadium, a large football stadium that can seat approximately 80,000 people (and hold over 100,000 people), located in Arlington, Texas. If the Super Bowl, the game that determines pro football's champion team for the year, is played in Cowboys Stadium, the quantity of parking spots demanded will far exceed capacity. On a typical game day in the regular season, the quantity of parking spots demanded will only slightly exceed capacity. For smaller events, less than half of the parking spots are typically filled. Assume the marginal cost of providing another parking spot, once the parking lot has already been built, is $0 up to capacity. In the following table, match each event to the most likely pricing strategy per parking spot. Pricing Strategy Super Bowl Regular Season Game Small Event $50 per spot O O O $4 per spot O O O $125 per spot O O O Grade It Now Save & Continue Continue without saving
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