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2. Is a lighthouse a public good if it benefits many ship owners? What if it...

2. Is a lighthouse a public good if it benefits many ship owners? What if it primarily benefits ships going to a port nearby?

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Answer #1

Lighthouse is indeed an example of a public good if it gets to benefit many shipowners because it is indeed done for the welfare of the ships and the society all in all. It can be mentioned that lighthouse actually follows non rival and non exclusive character and it takes to die every ship passing through it and do primary benefits of going to a port or every ship it can be considered as a public good because of its non rival as well as non exclusive character

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