Question

Keesha Carter owns a dog park in a beautiful part of town. She notices her clients are well off, and decides to raise the fee to use to park to $250, well above the average price of $25. In a free enterprise system, what most likely will happen to Keesha's business if she makes her price that unreasonable? (1 point)
Responses

The businesses workers will go on strike
The businesses workers will go on strike

Dogs will just have to pick up a part time job at Burger King to cover the extra cost.
Dogs will just have to pick up a part time job at Burger King to cover the extra cost.

She could be arrested
She could be arrested

Consumers will choose not to enter transactions with Keesha's Dog park and go elsewhere
Consumers will choose not to enter transactions with Keesha's Dog park and go elsewhere
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Answer 1

Consumers will choose not to enter transactions with Keesha's Dog park and go elsewhere.

Explanation: In a free market, if price is set far above what customers expect, demand will fall as buyers switch to cheaper alternatives. Keesha would likely lose customers and either have to lower the price or risk going out of business.