Question
Budget Boosts Funding for the Arts Canadas biggest arts and cultural institutions, including the CBC and Radio-Canada, are getting a $182 million budget increase
Budget Boosts Funding for the Arts
Canada’s biggest arts and cultural institutions, including the CBC and Radio-Canada, are getting a $182 million budget increase over the next five years.
Source: CBC News, March 22, 2016
4. What external benefits are associated with the arts and public broadcast services?
5. Draw a graph to illustrate and explain why the market for arts creates a deadweight loss.
6. Draw a graph to illustrate and explain how the budget increase described in the news clip might improve efficiency.
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External benefits associated with the arts and public broadcast services include a Cultural Enrichment The arts contribute to the cultural identity and heritage of a society preserving and promoting i...Get Instant Access to Expert-Tailored Solutions
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