Parking Meter - Variable Pricing

Variable Pricing

Dr. Donald Shoup argues that parking meters should have variable prices to maintain an 85% occupancy rate. This would facilitate an optimum turnover of vehicles resulting in an optimum turnover of customers for roadside shops. It would also reduce the amount of time wasted looking for a place to park.

Read more about this topic:  Parking Meter

Famous quotes containing the word variable:

    There is not so variable a thing in nature as a lady’s head-dress.
    Joseph Addison (1672–1719)