An economy in which decision of what to produce is taken partly by private individuals and state is referred to as Economy. By: Sunday|Published on: May 4|Categories: Economics NECO| 0 comments A. capitalist B. communist C. mixed D. socialist E. welfarist Correct Answer: Option C – mixed Users Also Read These:The solution to problem of how to produce in a…In a socialist economy; private accumulation of wealth is?The choice of what to produce in a command economy…In a centrally planned economy, what to produce is?In a capitalist economy; the economic problem of…SEE ALSO If two bags of rice were sold for N1250 a mouth ago and two weeks later; the same amount was used to procure one bag. This simply means that the value of money is?