Joint Supply in Beehives

Steps:

• Beehives produce both honey and beeswax simultaneously from the same resource.
• Hunters extract honey, while birds seek beeswax from the same hive.
• The mutual benefit shows the goods are obtained together without separate production.
• This indicates the products are in joint supply, as supply of one affects the other.

Why C is correct:

• Joint supply occurs when two or more goods are produced together from the same process, so increasing supply of one increases the other, as defined in economics.

Why the others are wrong:

• A: Hunters and birds cooperate, not compete as rivals.
• B: Extraction requires effort, so honey and beeswax are not free goods with zero cost.
• D: Honey and beeswax are jointly produced, not one the opportunity cost of the other.

Final answer: C