An Analysis of the Market Structure of the Tourist Parking Lots in Nogales, Arizona

In this essay, the author

• Analyzes the market for daily parking in a one mile radius of the nogales.
• Explains that planning, paying and waiting for passports, booking a hotel, and airfare is not enough for the average person.
• Describes the benefits of traveling to mexico by car coupled with the united states’ policy.

• Analyzes the market for daily parking in a one mile radius of the nogales.
• Explains that planning, paying and waiting for passports, booking a hotel, and airfare is not enough for the average person.
• Describes the benefits of traveling to mexico by car coupled with the united states’ policy.
• Explains the "war on drug abuse" era and the crackdown on the importation of illegal drugs.
• Describes the eight parking lots owned by joe canchola, the ex-mayor of nogales.
• Explains that such a plan was delegated to the u.s. secretaries of homeland security and state.
• Describes the requirements applied to all air and sea travel to or from canada.
• Describes the requirements extended to all land border crossings as well as air.
• Explains that acquiring a passport is not impossible, but rather tedious.
• Opines that it can be viewed as a future deterrent in participation in politics.
• Explains that despite the shift in demand, he may be forced to shut down his third lot to cut costs.
• Explains that 11.7 million tourists traveled by road to visit mexico in 2004. while this number cannot be attributed to united states citizens, approximately 94% of total tourism in mexico.
• Explains that the dea and the use of canines were successful in limiting the number of illegal substances brought into the united states, but they led to longer lines along border crossing stations.
• Explains the process of buying a parcel of land, paving it over with asphalt, and enclosing the area with some type of fence. the differences in wages can be attributed to length of employment and experience.
• Explains that parking lot attendants keep a written log of the number of vehicles in their lot during their shift to be reported to lot owners.
• Explains that all of the eight parking lots charge customers per day. the third parking lot charges only three dollars a day due to the further walking distance and unpaved ground.
• Explains that mr. canchola's restaurant is an important landmark because it is recognizable and easy to locate by tourists.
• Describes the parking lot business as an oligopoly because of barriers to entry, limited resources, and a lack of land. the product or service is somewhat differentiated in the services it offers to potential customers.
• Explains that congress passed the intelligence reform and terrorism prevention act of 2004, which called for the creation and implementation of a plan to prevent foreign attacks.
• Opines that the creators of the initiative hope that well-defined phases will provide as much advance notice as possible.
• Explains that the process entails further steps for parents attempting to acquire a passport for minors under the age of 14.
• Argues that consumers will decide, in the short run, that the cost and hassle of obtaining a passport is greater.
• Analyzes the number of college students who drive to nogales for cheap shopping, drinking under the age of 21 and just a chance to get away.
• Opines that the extra cost will not be viewed favorably by college age students who do not already have a passport.
• Opines that the cost of a passport to visit nogales will cause most students to be hesitant in purchasing one. the loss of consumers in the market caused by the newly imposed regulations and requirements of the us government will shift the demand curve to the left.
• Opines that the initial shift in demand attributed to the initiative will result in a surplus of parking availability in nogales, az.
• Proposes eliminating the practice of having two attendants working at any given time and discontinuing 24 hour supervision and access to lots.
• Explains that owners could cut their hours of operation on sundays to reduce labor costs and ride out market changes.
• Opines that the market would return to equilibrium in the long-run after the shock of this shock. this could happen by changes from both the supply and the demand sides.
• Predicts that as time passes more people will acquire passports out of necessity or as it becomes more common practice to have one with the passing of time.
• Opines that the problem of shock will dissipate and demand will return as both ends of the market return to long-run equilibrium.