By Product with Example?
Byproduct Add to List Share. When the Process of Making One Thing Results in a Second Product as Well, That Second Thing Is Called a Byproduct. Molasses, for...
byproduct Add to list Share. When the process of making one thing results in a second product as well, that second thing is called a byproduct. Molasses, for example, is a byproduct of refining sugar. ... Sawdust is a byproduct of the lumber industry, and feathers are a byproduct of poultry processing.
What do we mean by byproduct?
1 : something produced in a usually industrial or biological process in addition to the principal product Sulfured molasses is a by-product of sugar refining.—
What is an example of by-product pricing?
Setting the price for by-products in order to make the price of the main product more competitive. For example, in producing processed meats, chemicals, or oil there are often by-products, which – if they had to be disposed of – would make the main product uncompetitive.