economy of scale


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Related to economy of scale: Economy of scope

economy of scale

n. pl. economies of scale
The decrease in unit cost of a product or service resulting from large-scale operations, as in mass production.

economy of scale

n
(Economics) economics a fall in average costs resulting from an increase in the scale of production

econ′omy of scale′


n.
the reduction in unit cost achieved by manufacturing an item on a large scale.
[1970–75]

economy of scale

Any saving in costs that results from an increase in the scale of an operation. For example, a larger factory may be able to produce each unit of product more cheaply than a smaller factory.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.economy of scale - the saving in cost of production that is due to mass production
saving, economy - an act of economizing; reduction in cost; "it was a small economy to walk to work every day"; "there was a saving of 50 cents"
References in periodicals archive ?
The enemy of rural economies, among other things, is the notion of economy of scale.
These two segments will play an important role in optical networking, as this technology will be used for providing operators with the bit-wise economy of scale that they need.