Case Study: The National Park Service

Decent Essays

When price increases, how does that impact quantity of customers and the quality of the parks? Why do common goods need to be monetized? How does price discrimination for common goods affect the number of visits and quality of the parks? Background and Issue: The National Park Service (NPS) is an agency under the United States Department of Interior. The agency is tasked with preserving the ecological and historical integrity of entrusted sites through management as well as making the sites available and accessible to the public through recreation. As part of its commitment to both goals, the NPS proposed in the past month to raise the entrance fees at 17 of its most popular parks during peak season in order to generate badly needed revenue

Get Access