economy of scale
economy of scale is the singular of economies of scale.
Meaning of economies of scale
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
- Antonyms:
- diseconomies of scale
Forms of economy of scale
| plural | economies of scale |
|---|
Questions about economy of scale
- What is economy of scale the singular of?
- Economy of scale is the singular of economies of scale.
Words near economy of scale in the dictionary
Source and license
Adapted from Wiktionary: economy of scale (page history and authors); 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.
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Cite this entry: “economy of scale.” Word.ws, https://word.ws/economy_of_scale. Based on Wiktionary, CC BY-SA 4.0.
