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Joint product. In economics, joint product is a product that results jointly with other products from processing a common input; this common process is also called joint production. [ 1] A joint product can be the output of a process with fixed or variable proportions.
Joint vs. separate: Can both be the best way to bank?. Many couples find that a blend of joint and separate accounts offers the best of both worlds. This “yours, mine and ours” approach ...
Joint product pricing. In microeconomics, joint product pricing is the firm's problem of choosing prices for joint products, which are two or more products produced from the same process or operation, each considered to be of value. Pricing for joint products is more complex than pricing for a single product. To begin with, there are two demand ...
The Joint Capabilities Integration and Development System (JCIDS) is the formal United States Department of Defense (DoD) process which defines acquisition requirements and evaluation criteria for future defense programs. [1] JCIDS was created to replace the previous service-specific requirements generation system that allowed redundancies in ...
Synovial fluid, also called synovia, [help 1] is a viscous, non-Newtonian fluid found in the cavities of synovial joints. With its egg white –like consistency, [1] the principal role of synovial fluid is to reduce friction between the articular cartilage of synovial joints during movement. [2] Synovial fluid is a small component of the ...
Joint cost. Manufacturers incur many costs in the production process. It is the cost accountant's job to trace these costs back to a certain product or process (cost object) during production. Some costs cannot be traced back to a single cost object. Some costs benefit more than one product or process in the manufacturing process.
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