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Definitions from the Web

Joint Supply

Description: Joint supply refers to a situation in economics where two or more goods are produced together as by-products of a single production process, making their supply interconnected. When the supply of one good increases, the supply of the other goods also increase due to their shared production process.

Examples:

• Noun Sense: In agriculture, corn and cornstalks are an example of joint supply, as both are produced when cultivating corn. When farmers grow more corn, they also get an increase in cornstalks.
• Adjective Sense: The joint supply of oil and natural gas is prevalent in oil wells. When drilling for oil, natural gas is often also extracted as a by-product.
• Verbal Sense: Increasing the production of cars results in a joint supply of tires, as manufacturing more cars leads to an increased production of tires as well.

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