split off product
joint product
sunk product
main product
Answer is Right!
Answer is Wrong!
The correct answer is: B. joint product
A joint product is a product that is produced along with other products from the same process. The products are usually of different qualities and values, and they may be sold separately or combined into a single product.
In a joint process of production, two or more products that yield high volume of sales as compared to total sales of other products are classified as joint products. This is because these products are the main focus of the production process, and they generate the most revenue.
The other options are incorrect because:
- A split-off product is a product that is produced from a joint process and then sold separately.
- A sunk product is a product that has already been produced and cannot be recovered.
- A main product is a product that is the primary focus of a production process.
I hope this helps! Let me know if you have any other questions.