Joint products are two or more products manufactured simultaneously through the same process. The common manufacturing costs are called joint costs. Each product has a significant market value. Example - Gasoline and Kerosene are joint products of crude oil refining.
On the other hand, a by-product has significantly lower sales value compared to the firm's main manufactured product. Therefore, it does not affect the decision to produce. Example - saw dust from lumber mills, bone from meat packing etc.
Primary product is the main raw product whiles secondary product is the product found from the primary product
the companies differentiate and position their products as a competitive advantage through products,product packing,pricing,after sales services.
The most important byproduct of cotton are these.Oil (Cooking)Machine OilFertilizerCandlesColor makingSoapFood for AnimalsThis all are the most important byproduct of cotton.
we can feel and touch the product as it is materialistic for example toothpaste coming to service it is not materialistic and we can only feel it example airtel
technology is the product of science while home economics refers on study on how to plan life.
Sucrose product, water byproduct
Its a product if you using for agriculture or for explosive purpose but, a byproduct if we want to remove it out for waste water
There is only one byproduct. it is O2 gas.
Carbon Dioxide is a byproduct.
Water
Primary product is the main raw product whiles secondary product is the product found from the primary product
Water will be the byproduct of esterification and hence the product should be dried (to remove water).
Any byproduct for pure methane.
joint product has a high price value whereas by-product has a low price value. joint products are 2 or more products simultaneously produced. whereas by-product is recovered incidentally
a product is something that a brand makes- for example the iPhone is a product and Apple is a brand.
an ester and byproduct is water
O2 is the byproduct. animals using it for respiration.