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Author Question: An economist estimates that the maintenance of a public recreation center costs $80,000 a year and ... (Read 38 times)

sjones

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on: Apr 19, 2019

An economist estimates that the maintenance of a public recreation center costs $80,000 a year and that the recreation center generates $65,000 a year in revenue from usage fees. From society's point of view, the maintenance of this recreation center is


◦ inefficient, because everyone in the community pays taxes to support it, but only those who pay fees to use the recreation center benefit.
◦ efficient because the revenues generated by the recreation center benefit the entire public.
◦ potentially efficient because the value of the gains exceed the value of the losses.
◦ potentially efficient because no one would be made worse off as a result of maintaining the recreation center.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by sjones on Apr 19, 2019

aidanmbrowne

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sjones

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

lcapri7

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Reply 3 on: Yesterday
Excellent

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