Joint production is production that results in the simultaneous production of ______.
A)two or more outputs
B)exactly three outputs
C)exactly two outputs
D)exactly one output

Question

Quizplus · Accepted Answer

Joint production is defined as the production process in which a single production process leads to multiple outputs. Therefore, the best choice is A, which states that joint production results in the simultaneous production of two or more outputs.

Joint Production Is Production That Results in the Simultaneous Production