King Auto Supply sells car and truck parts, as well as tire replacement and balancing services. As King places its order for truck tires with Goodyear, it must also place an order for valve stems and balancing weights for the tires. Such business products are characterized as having ____ demand.

Question

Quizplus · Accepted Answer

Valve stems and balancing weights are joint products, which means they are products that are used together in the production process or as complementary products, and demand for one product is closely related to demand for the other. Thus, their demand is joint.

King Auto Supply Sells Car and Truck Parts, as Well