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DIFFERENCE BETWEEN JOINT COSTS AND COMMON COSTS

Joint costs are costs incurred in a production process, involving more than one product, up to the point when the products can be separated or distinguished as separate products. Common costs are costs incurred, the benefit of which is enjoyed by more than one cost centre (i.e. unit ) within an organisation. Answers by VICTOR DURODOLA , Nigeria

Q: What is the difference between joint and common costs?

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Joint sets are sets with common element/s. Disjoint sets are sets without any common element/s.

Have common elements ex. G = {3,4,5,7} H = {4,5,9,10,11}

Two sets are said to be "disjoint" if they have no common element - their intersection is the empty set. As far as I know, "joint" is NOT used in the sense of the opposite of disjoint, i.e., "not disjoint".

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these muscle groups either extend a joint, extensors) or contract the joint (flexors). triceps extend the elbow joint, biceps bend the elbow joint.

Related questions

The difference between joint sets and disjoint sets is the number of elements in common. A disjoint set, in math, does not any elements in common. A joint set must have at least one number in common.

Distal interphalengeal joint & Proximal interphalengeal joint

Syndicate is a informal arrangment and will be disbanded once the objecive is attained. Joint Venture is legal long term arrangment with a common objective.

That cost which arises from the common processing of products produced from the same process.

a joint family is parents, children, grandchildren, uncles, and their offspring sharing a common dwelling & an extended family is all of your family under one household

yes

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joint-stock company

Core muscles are in your core joint muscles are in your arms and legs

the amount of spunk produced.

Splice uses stranded wires while joint uses solid wire.

The Joint Venture is temporary partnering and alliance but Merger is permanently combination.