Question

is usually of greater commercial importance
O
By-product
O Joint product
O both the given options
O None of qbove​

Answer 1

Joint Product is the correct option

A joint product is usually of greater commercial importance than a by-product. A joint product principally differs from a by-product in importance.

Answer 2

Joint products are of greater commercial importance

• These goods are those that are created at the same time with the same input, using the same method.
• These have a high market value that none of them can be identified as the main product.
• When raw materials are processed in this category of goods, more than two products are produced.
• The management intentionally produces these products, i.e. the management strives to produce all of the products.