👉 In economics, a "subproduct" is a product that can be produced from other products using only one or fewer inputs. For example, if you have two products (A and B) with costs of $50 each and a single input (C), then you could produce an output of 1 unit of A and 2 units of B using only C. Subproducts are important because they can be used to reduce the total cost of production. For example, if you have two inputs