economies of scale definition

  • noun:
    • : The traits of a production procedure by which a rise in the scale of this company causes a decrease eventually typical cost of each unit.

Related Sources

  • Sentence for "economies of scale"
    • We benefit from economies of scale
    • View More
  • Antonym for "economies of scale"
  • Agriculture Dictionary for "economies of scale"
    • the rise in manufacturing effectiveness once…
    • View More
  • Urban Dictionary for "economies of scale"
    • whenever cost of production per unit…
    • View More
29 votes

How would you define economies of scale?

All the definitions on AZdictionary were written by people just like you. Now's your chance to add your own!