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Palm oil and palm kernel are in

Economics
JAMB 2022

Palm oil and palm kernel are in

  • A. joint supply
  • B. competitive demand
  • C. competitive supply
  • D. complementary demand
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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Correct Answer: Option A
Explanation

Joint supply is the supply of two or more commodities from the same source or origin e.g palm oil and palm kernel are supply from the same palm tree.

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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
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Join your school's WhatsApp group
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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