A city decides that its economy would improve dramatically if its harbor were deeper. What is the city providing if it pays to dredge (deepen) the harbor?

Question

Quizplus · Accepted Answer

The city is providing a public good by paying to dredge the harbor. A public good benefits the entire community and is non-excludable, meaning that once it is provided, everyone can use it without being denied access.

A City Decides That Its Economy Would Improve Dramatically If