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Presume you parking lot has two different consumers who use it at two different times. Daily commuters use it during day time as well as sports fans use it at different times to park at sporting events. Daily traveller demand is variable yet stable as well as unknown. Demand for sporting events is uncertain as well as depends on the quality of the match as well as on unpredictable events like the weather. Explain how would you price these two events differently?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9372023

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