A joint product is a product that results jointly with other products from processing a common input.
Finally, a change in the price of a joint product will affect supply.
In naivete we meet with a joint product of both the above.
It is patent, if capital took in profits the whole joint product, that labor would perish.
And it is equally patent, if labor took in wages the whole joint product, that capital would perish.
The quarrel over the division of the joint product is irreconcilable.
In the Titanic struggle over the division of the joint product, each group reaches out for every available weapon.
This is exactly what is done when joint products are produced in variable proportions.
I think the best book possible should be published, and all books are a joint product of the work of several people, including editors.
Many services offered by health providers can be considered as joint products.