What is the term for products with substantial value that are produced simultaneously by the same process up to a split-off point?

Question

Quizplus · Accepted Answer

Joint products are products that are produced together from a single process up to a split-off point, and each product has significant value. Examples include crude oil, which can produce different types of fuels and chemicals, or milk, which can produce butter, cheese, and yogurt. By-products are also produced in the same process, but they have lower value and are not the main focus of the production process.

What Is the Term for Products with Substantial Value That