The diagram illustrates the demand and supply curves for parking spaces in a hospital car park. The managers decide to depend on the price mechanism to allocate parking spaces at the hospital. What must be present for this to operate?
- AAlternative means of transport must be provided for those unable to afford price OP.
- BA survey will be needed to find out the amount users are willing to pay.
- CThe capacity of the car park will need to be expanded.
- DThe price charged for parking spaces must be OP.