e day, a local theme park charges $$40$ per person for admission, and $10,000$ people visit the park. On another day, the park arges $$60$ per person, and $20,000$ people pay to enter the park

Which explanation best describes why the park sees an increase in attendance when the price is higher?

The higher price gives the park an incentive to expand capacity and permit more visitors.

Theme$-$park tickets are part of a rare class of goods which do not follow the Law of Demand.

The low$-$attendance day falls on an autumn Wednesday, while the high$-$attendance day falls on a summer Saturday. High prices signal a high quality park experience.