Team Pentagonal's First Quickfire! (a) What's the maximum amount of revenue this one parking meter can generate in a single day for one city block (Wabash between Pearson and Chestnut)?
(b) How much money would this parking meter generate if the block is not necessarily fully occupied?
Textbook story problem: There is a parking meter on one side of the street. Eight cars can park there. The hours of parking are 8am - 12am. The rate is $4/hr. How much can that meter make in that period of time?