Final answer:
A public good is a property located within a municipality and served by police and fire protection, as well as three specified municipality services. Municipal governments are responsible for providing these services, along with clean water, sewage, and garbage disposal.
Step-by-step explanation:
A property located within a municipality and served by police and fire protection, as well as three of the following municipality services: electric, gas, sewer, and water, is known as a public good. Municipal governments are responsible for providing these services, along with clean water, sewage, and garbage disposal. They also maintain city facilities, address zoning and building regulations, promote economic development, and provide law enforcement and public transportation.