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Economics (AS & A Level) · May / June 2023 · Paper 13 · Question 9

9708The interaction of demand and supply

What does joint supply mean?

  1. AA firm can choose between producing a range of different goods.
  2. BA good has multiple uses.
  3. CA good is a by-product of the production process of another good.
  4. DConsumers consider two goods as complements.

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Correct answer: C. A good is a by-product of the production process of another good.

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