Economics WAEC

Palm oil and palm kernel are in?

A. joint supply
B. competitive demand
C. competitive supply
D. complementary demand

Correct Answer: Option A

A. joint supply

Explanation

Joint supply is an economic term referring to a product or process that can yield two or more outputs. Common examples occur within the livestock industry: cows can be utilized for milk, beef and hide; sheep can be utilized for meat, milk products, wool, and sheepskin

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