WAEC - Economics (2022 - No. 16)
The production of rice and yam on the same farmland is an example of
joint supply
composite supply
competitive supply
market supply
Explanation
Joint supply is a type of supply in which the production of one article in itself leads to the production of other article as well. for example, leather and beef etc. It is also a process that can yield two or more outputs.
Comments (0)
