Final answer:
In a mixed economy, elements of both state and market economies are present, with consumers making many decisions, businesses having the freedom to produce, and the government influencing economic activities to some degree.
Step-by-step explanation:
The features of a mixed economy typically include aspects of both private sector (market) and government (state) control over economic decisions. In a mixed economy:
- (a) There are elements of both state and market economies.
- (c) Consumers make many decisions about what they want to buy, though not all as the government also has some influence.
- (d) Businesses decide how or what to produce, but the government steps in to influence actions, such as through regulations or subsidies.
Feature (b) would not apply to a mixed economy as it indicates a command economy where the government controls all the factors of production. Mixed economies strike a balance between the freedom of the market and the oversight of the government, aiming to benefit from the efficiencies of the market while striving for greater equity among its citizens.