Share this entry

Share this page

economy of scale

Definition of economy of scale in English:

A proportionate saving in costs gained by an increased level of production.
Example sentences
  • They don't benefit from economies of scale because their costs increase as they grow.
  • It just needs to take market share, gain economies of scale, and grow profitably.
  • Where there were few opportunities for economies of scale in production, brands had little role to play.
See parent entry: economy

Definition of economy of scale in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day emulous
Pronunciation: ˈemyələs
adjective
seeking to emulate or imitate someone or something