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<a accesskey="3" href="page.php?w=joint_product&amp;p=2">3.Next</a>
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<p>In economics, <b>joint product</b> is a <a href="page.php?w=product_%28business%29">product</a> that results jointly with other products from processing a common <a href="page.php?w=factor_of_production">input</a>; this common process is also called <b>joint production</b>. A joint product can be the output of a process with <a href="page.php?w=Leontief_production_function">fixed</a> or variable proportions.</p>

<p><big> Examples </big></p>
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* The processing of <a href="page.php?w=crude_oil">crude oil</a> can result in the joint products <a href="page.php?w=naphtha">naphtha</a>,</p><p>
<a accesskey="3" href="page.php?w=joint_product&amp;p=2">3.Next</a>
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