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

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The recreation center costs more to maintain ($80,000) than it generates in revenue ($65,000), and only those who use it and pay fees benefit, despite it being funded by the broader community through taxes. This scenario does not account for the non-monetary benefits to society, but based on the financial information provided, it is considered inefficient.

An Economist Estimates That the Maintenance of a Public Recreation