Answered

Shaniah learned from a Cornell University website for beginning farmers that if she wants to start farming,
she should consider what is demanded by society. Which of these basic economic questions does this
illustrate?
What good or service is to be produced?
How is the good or service to be produced?
Who will receive the goods and services produced?
Where is the good or service to be produced?



Answer :

GinnyAnswer
This situation illustrates the basic economic question: "What good or service is to be produced?"

1. Shaniah learning from the Cornell University website for beginning farmers about considering what is demanded by society before starting farming relates to the economic question of "What good or service is to be produced?" This question pertains to the choices producers make in determining what products or services to offer based on consumer demand and preferences.

2. By understanding the needs and demands of society, Shaniah is aligning her farming endeavors with what consumers are willing to buy. This strategic approach ensures that the goods or services she produces will have a market and be valued by potential customers.

3. For example, if Shaniah discovers through research that there is a growing demand for organic produce in her area, she may decide to focus on cultivating organic fruits and vegetables to meet this specific market need. In doing so, she is addressing the fundamental economic question of what goods to produce based on societal demand.

In summary, considering what is demanded by society before starting a farming business aligns with the economic question of determining what goods or services to produce in response to consumer preferences and market demand.
koifishbreh

Answer: Considering what is demanded by society when starting a farm relates to the basic economic question, I'd choose:

- What good or service is to be produced?

Explanation: "What good or service is to be produced?" is the starting question of every business. This is the most important question to be answered in order to sustain a farm.

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