Price elasticity by the hour of day. Average parking occupancy rates of 2011 (i.e., after the rate change) in neighborhoods with a decrease, no change and an increase in rates are also displayed in this figure. Hour of the day 12 13 0.1 1.2 nno 0.3 30 0.5 -0.6 20 X 0.7 10 0.8 -0.9 Decrease price elasticini model 1 price elasticities model 1 . Decrease neighborhoods' occupancy in 2011 Increase neighborhoods' occupancy in 2011 .. . . No price change neighborhoods' occupancy in 2011 Based on the figure showing estimated elasticities after the price crease. what times of day have the most inelastic parking demand? Why do you Explain