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N. K. Gupta posted an Question
April 09, 2021 • 12:35 pm 30 points
  • UGC NET
  • Commerce

Joint and by product definition and their diffrence in short and to the point

joint and by product definition and their diffrence in short and to the point

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  • Priya gulani Best Answer

    When the production of two or more products of similar value, are made together with same input and process, is called joint product. The term by-product means a product which is incidentally produced, during the processing operation of another product.

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