Two friends make baked goods for a living. They buy the ingredients and follow their own recipes. The basic economic question they still need to answer is for whom to produce.
The answers to as to what to produce is hidden in form of baked goods.
The answer as to why to produce can be found in the fact that they are doing it for a living.
The answer to how to produce is through their own recipes which makes it clear as far as the process or way of production is concerned.
Hence, the only question left is for whom to produce. As we can not find any answer to this in the statement.
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