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Commerce · Q157

Costing

Graduate and Post Graduate · Commerce · question 157

Q157

When two products are simultaneously produced in a process and one of them has comparatively high value and other is of low value , the low value product is called __________.

A.
joint products
B.
by products
Answer
C.
seasonal products
D.
economic products

Answer: Option B

Solution

Answer: Option B
Solution:
When two products are simultaneously produced in a process and one of them has comparatively high value and other is of low value , the low value product is called by products.