Why the demand for sporting events is uncertain

Reference no: EM13244309

Suppose your parking lot has two different customers who use it at two times. Daily commuters use it during the daytime, adn sports fans use it at different times to park at sporting events. Daily commuter demand is variable, yet stable and known. Demand for sporting events is uncertain, and depends on the quality of the match, as well as on unpredictable events, like the weather. How would you price these two events differently?

Reference no: EM13244309

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