economies of scale
economies of scale noun: 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.
Noun
economies of scale pl (normally plural, singular economy of scale)
- 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.
- When plant size increased from 400 heavy young hens per hour to about 1,500 per hour average costs per pound declined from 6.6 to 5.4 cents per pound. While these costs suggested the existence of economies of scale in processing, they did not provide a standardized measure of the exact nature and...1963, George Burnet Rogers, Costs and Economies of Scale in Turkey Processing Plants, Washington, DC: U.S. Department of Agriculture, page i
- In the 1930s, Brandeis argued that large companies would inevitably exploit their workers, convert their profits into political influence, and corrode both the market and the machinations of government. But the Reagan administration and subsequent lawmakers have allowed vertical and horizontal...2016 September 11, Derek Thompson, “America's Monopoly Problem”, in The Atlantic, →ISSN
- Antonyms:
- diseconomies of scale
economies of scale meaning in Thai
economies of scale in Thai
- Translations
- การประหยัดต่อขนาด gaan-bprà-yàt-dtɔ̀ɔ-kà-nàat
Examples of economies of scale in a sentence
- While these costs suggested the existence of economies of scale in processing, they did not provide a standardized measure of the exact nature and extent of potential cost savings.1963, George Burnet Rogers, Costs and Economies of Scale in Turkey Processing Plants, Washington, DC: U.S. Department of Agriculture, page...
- But the Reagan administration and subsequent lawmakers have allowed vertical and horizontal integration on the theory that economies of scale often benefit both employees and consumers.2016 September 11, Derek Thompson, “America's Monopoly Problem”, in The Atlantic, →ISSN:
- To exploit travel economies of scale, RAIL buys a four-in-eight-day Rail Rover.2025 March 5, “Ayr miles with a 'Spirit of Scotland'”, in RAIL, number 1030, page 43:
Antonyms of economies of scale
Forms of economies of scale
| singular | economy of scale |
|---|
Questions about economies of scale
- What does economies of scale mean?
- Economies of scale means 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.
- What is economies of scale in Thai?
- Economies of scale in Thai is การประหยัดต่อขนาด (gaan-bprà-yàt-dtɔ̀ɔ-kà-nàat). See Economies of scale meaning in Thai.
- How do you use economies of scale in a sentence?
- While these costs suggested the existence of economies of scale in processing, they did not provide a standardized measure of the exact nature and extent of potential cost savings.
- What part of speech is economies of scale?
- Economies of scale is a noun.
Words near economies of scale in the dictionary
Source and license
Adapted from Wiktionary: economies of scale (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “economies of scale.” Word.ws, https://word.ws/economies_of_scale. Based on Wiktionary, CC BY-SA 4.0.
