The production of rice and yam on the same farmland is an example of

  • A joint supply
  • B composite supply
  • C competitive supply
  • D market supply

The correct answer is A. joint supply

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.

Previous question Next question