Question

-Provide public goods

-Regulate market failures
-Promote economic growth

In a mixed economy, these functions are generally the responsibility of which group?

A)
Consumers
B)
Government
C)
For-profit firms
D)
Not-for-profit firms

Answer 1

"b" gov't

Step-by-step explanation:

Answer 2

B- Government

Step-by-step explanation:

A mixed economy is a type of economy that has the characteristics of both capitalist economy and a socialist economy. It is a type of economic system in which both the private and public ownership of means of production and distribution exist together in a country.

In a mixed economy,there is joint decision making by the government and private individuals provide essential services (Public goods like water, street lighting etc.) to consumers and allow private firms to provide other type of goods essential for consumer use