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:
“Walked forth to ease my pain
Along the shore of silver streaming Thames,
Whose rutty bank, the which his river hems,
Was painted all with variable flowers,”
—Edmund Spenser (1552?–1599)