Haverbrook Hotels Welcome! You are encouraged to register with the site and login (for free). When you register, you support the site and your question history is saved.In the city of North Haverbrook, where a new tourism industry is growing, hotels have been booked to capacity and forced to turn away potential visitors with increasing frequency. The number of desired room bookings is expected to increase by 25 percent within the next four years. Meanwhile, the local chamber of commerce believes that the establishment of new hotels will increase booking capacity by only 3 percent per year. Nevertheless, the chamber believes that this growth in the hotel industry will be sufficient to ensure that North Haverbrook's hotels do not turn away more potential bookings than they presently do.Which of the following, if true, provides the strongest grounds for the officials' prediction? Visitors to North Haverbrook can easily stay in nearby South Haverbrook, where hotel capacity exceeds demand by 15 percent. Many of the new visitors to North Haverbrook are campers, and there is ample excess capacity to camp in North Haverbrook's park. Many of the new visitors are students who intend to save costs by sleeping several people to a room. Many of the new visitors to North Haverbrook will visit at times of year other than the two peak months. Visitors to North Haverbrook can reach the city only by cable car up a mountain, and the capacity of the cable car traffic will grow even more slowly than that of the hotel rooms. Review Answer