Central Parking Is Considering Whether to Expand Their Current Facilities

question 2

Multiple Choice

Central Parking is considering whether to expand their current facilities. There is a 30 percent chance that 100 more spots will be needed because of a new increase in subway fares. However there is a 70 percent chance that only 50 more spots will be needed because the cost of driving will be roughly equal to mass transit. What should be their average lot expansion size?

• A) 30 spots
• B) 35 spots
• C) 75 spots
• D) 65 spots

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Definitions:

Changed Jobs

The act of leaving one position of employment to take another, often for advancement or new opportunities.

Require Adaptation

The necessity for adjustments or changes in behavior, processes, or structures in response to new conditions or environments.

Life Events

Major events in a person’s life that require change or adaptation.

Unpleasant

Causing discomfort, distress, or aversion; the opposite of pleasant.