If the value of a joint product drops significantly, it could also be viewed as a byproduct

Name: If the value of a joint product drops significantly, it could also be viewed as a byproduct
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If the value of a joint product drops significantly, it may be no longer economically feasible to recover the costs associated with producing it as a joint product. In such cases, the primary product may be deemed a byproduct while the secondary product becomes the main product.

If the Value of a Joint Product Drops Significantly, It