A law that restricts the ability of hotels/motels to advertise on billboards outside of a resort community would likely lead to
A)no change in profits for all hotels/motels.
B)reduced efficiency of local lodging markets.
C)a request by consumers to increase the number of billboards.
D)increased price competition among hotels/motels in the community.

Question

Quizplus · Accepted Answer

Restricting the ability of hotels/motels to advertise on billboards outside of a resort community could reduce the visibility of these accommodations to potential customers, making it harder for consumers to compare options. This could lead to reduced efficiency in the local lodging market as it may hinder the ability of consumers to make informed decisions and find the best deals, potentially leading to less competitive pricing and availability.

A Law That Restricts the Ability of Hotels/motels to Advertise