The coordinate axes are the x-axis (\( y = 0 \)) and the y-axis (\( x = 0 \)). The joint equation represents the pair of straight lines:
\[
x = 0 \quad \text{or} \quad y = 0 \quad \Rightarrow \quad x \cdot y = 0.
\]
Thus, the joint equation is:
\[
xy = 0.
\]