Abstract
General joint production is defined as the simultaneous production of at least two commodities in one production process. This definition includes machines (fixed capital) that are not used up in one production period, and land which is by definition neither producible nor exhaustible.
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Schefold, B. (2018). Joint Production in Linear Models. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1210
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DOI: https://doi.org/10.1057/978-1-349-95189-5_1210
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