How can you determine private preferences fir public goods
Answers
When the demand curve intersects the supply curve then it determines the optimal quantity of the public goods.
Then the cost benefit analysis is initiated by the government which further decides that if it is necessary to provide that particular item.
So these are the two most important point which determines private preferences of public goods.
It investigates two differentiating ideal models of aggregate activity with regards to some watched irregularities in the improvement of the welfare states, focussing on private premium mod& of open consumption development versus models underscoring social decision and the level of coinciding between the political responsiveness of premium gatherings to people in general use emergency since the mid 1970s, and the presumptions supporting these models on political conduct in the blended economies.
A bifurcation of the political framework, coming about because of the improvement of frameworks of practical interests portrayal nearby parliamentary and agent government, offers ascend to a potential for solid governments to keep up routine help on account of, instead of in spite of, the political discontinuity of greater parts.