In a mixed market economic system who decides what is produced?

a. Only Government Planners

b. Only consumers

c. Producers. consumers & government

d. Only producers and government

Answer: Option C

Explanation:

In a mixed economy the government and the market forces that is the producers and consumers decide on what needs to be produced. In a mixed economy the power is with both the government and the private sector.

Mixed economy is a mix of planned economy and market economies. Production lies dominantly with the private ownership and the market dominates the economic condition in the country.

Government controls are indirect controls through framing the monetary and the fiscal policies of the country.