A mixed economy is characterized by the co-existence of
A). Modern and traditional industries
B). Public and private sectors
C). Foreign and domestic investments
D). Commercial and subsistence farming
Public and private sectors
A mixed economy is characterized by the co-existence of Public and private sectors. Mixed economies, with state-supervised markets, are most related to fascism (in the economic sense) and have several common features.
3. As output increases, AC curve
7. Land only