/ English Dictionary |
ECONOMY OF SCALE
Pronunciation (US): | ![]() | (GB): | ![]() |
I. (noun)
Sense 1
Meaning:
The saving in cost of production that is due to mass production
Classified under:
Nouns denoting acts or actions
Hypernyms ("economy of scale" is a kind of...):
economy; saving (an act of economizing; reduction in cost)
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