Accountancy, asked by sahilsolanki125, 6 months ago

The product which has a lower sale value than the main product is a ? Joint product ,by product ,economic product or consumer product

Answers

Answered by yalamdinesh869
0

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Answered by qwxavi
0

By-Product

The product which has a lower sale value than the main product is a by-product.

1. When the process of making one particular product results in the making of the second product then the first product is called the main product and the second product is called the by-product.

2. A joint product is a product that is made by processing a common input with other products

3. Any product in the market that caters to human needs and is a part of the economic share of any area is an economic product.

4. Consumer products are the products that people use in households or offices or for other personal use. They are also referred to as final goods

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