passwella.
Menu

WAEC Economics 2020 Question 15

Question 15

Theory of Supply

If an increase in the supply of beef increased the supply of hides, then beef and hides are in

  1. A.competitive supply.
  2. B.joint supply.
  3. C.composite supply.
  4. D.joint demand.
Show the answer and explanation

Answer: B (joint supply.)

Explanation

Beef and hides come from the same animal: joint supply.