If an increase in the price of crude oil led to an increase in the prices of kerosene and grease,then kerosene and grease are in
When an increase in the price of one good (in this case, crude oil) leads to an increase in the supply of other goods (in this case,
kerosene and grease), those goods are said to be in joint supply. This is because they are produced together or are by-products of
the same production process. Therefore, 'joint supply' is the correct answer.
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