Sunday, 11 December 2011

EWOT Goggles #14 "Dinning Halls" (12/11/11)

Let´s make a strategy to make Dining Halls less intense....


        The dining halls can get insanely crowded during peak hours. Everyone wants to eat during dinner time, and that is generally between 530-730. As the school expands, as it plans too, one of the issues will be the availability of space in these dining halls that are already packed. Most likely they will build more dining halls. But I argue that the school system could expand significantly and survive easily with the dining halls we already have. Right now, no matter when you go it costs the same. Instead the school could charge more for meals at the peak hours. This would discourage many people to go during the peak hours and even out demand throughout the day. By forcing the price to stay the same, the school is creating shortages in some hours and huge surpluses in other hours. Instead they could charge different prices at different times to even demand out. Another case of the forced and arbitrary setting of a price with no respect to the relevant supply and demand curves.

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