A common feature of skiing is waiting in lift lines. Does the existence of lift lines mean that the price is not working to allocate the scarce resource? If so, what should be done about it?

Question

Maurice

Business

25 July, 00:57

A common feature of skiing is waiting in lift lines. Does the existence of lift lines mean that the price is not working to allocate the scarce resource? If so, what should be done about it?

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Answers (1)

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Marin Valencia · Answer 1

The existance of wait line may show scarcity but there are other factors to be considered.

Explanation:

One of the main factor is the safety of customers, non-compliance of this will result in fatal consequences.

However this wait line can be used as a stop shop. A ski resort can sell products to the people in line. Whether they may be soveniers or anything else.