economy of scale
[ ih-kon-uh-meeuhv skeyl ]
/ ɪˈkɒn ə mi əv ˈskeɪl /
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noun
Usually economies of scale . a savings in cost achieved by virtue of the large quantity of units produced, materials purchased or transported, etc.: Expanding our business into the international market would bring a lot more competition, but also much greater economies of scale for production.
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Words nearby economy of scale
economizer, Economo's disease, economy, economy class, economy-class syndrome, economy of scale, economy-size, ecophysiology, ecopolitics, écorché, ecoregion
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How to use economy of scale in a sentence
British Dictionary definitions for economy of scale
economy of scale
noun
economics a fall in average costs resulting from an increase in the scale of production
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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