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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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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 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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