English Explanatory Dictionary

economies of scale

English dictionary entry

Meanings

noun
  1. The characteristics of a production process in which an increase in the scale of the firm causes a decrease in the long run average cost of each unit.

Word forms

economies of scale economy of scale

Antonyms

diseconomies of scale

Related words

returns to scale
This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.
Back to search All on E Russian dictionary Dahl dictionary