Jan and Jamie are starting a nonprofit store. They plan to sell handmade scarves and jewelry. Which basic economic question do they still need to answer?

For whom to produce?
How to produce?
What to produce?
Why to produce?

1 answer

Jan and Jamie still need to answer the question: For whom to produce?

This question involves determining their target market and who will be the intended customers for their handmade scarves and jewelry. Understanding their audience is crucial for effectively marketing their products and making informed decisions about production.