Economists typically view government-supported programs such as arts and movies as:
A) efficient; these are public goods that would be underproduced in the market.
B) inefficient; if people valued these things they should be willing to pay for them.
C) efficient; the cost to the government to produce these goods is less than the private sector because of economies of scale.
D) inefficient; government provision of these goods is not fair nor equal.

Question

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The Answer of Economists typically view government-supported programs such as arts and movies as:
A) efficient; these are public goods that would be underproduced in the market.
B) inefficient; if people valued these things they should be willing to pay for them.
C) efficient; the cost to the government to produce these goods is less than the private sector because of economies of scale.
D) inefficient; government provision of these goods is not fair nor equal.

Economists Typically View Government-Supported Programs Such as Arts and Movies