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Scarcity & Queues
Entry #0454
The reason a queue outside is worth more than an advert
Advertising is paid for by the seller. A queue is paid for by customers in time, which is why a venue may keep capacity below demand on purpose.
Adept
The hidden part
#0454
Waiting is a display of demand paid for by the people waiting. Capacity held back is a budget line that never appears.