Reduction in cost per unit resulting from increased production, realized through operational efficiencies. Economies of scale can be accomplished because as production increases, the cost of producing each additional unit falls.
Related information about economy of scale:
- Economies of scale - Wikipedia, the free encyclopedia
Seddon claims that arguments for economy of scale are a mix of a) the plausibly obvious and b) a little hard data, brought together to produce two broad ...
- Economies Of Scale Definition | Investopedia
The increase in efficiency of production as the number of goods being produced increases. Typically, a company that achieves economies of scale lowers the ...
- What is economy of scale? definition and meaning
Definition of economy of scale: Reduction in cost per unit resulting from increased production, realized through operational efficiencies. Economies of scale can ...
- economy of scale - The Free Dictionary
The decrease in unit cost of a product or service resulting from large-scale operations, as in mass production. economy of scale. n. (Economics) Economics a fall ...
- Economy of Scale
Jul 11, 2012 ... Economies of scale means large companies, or governments, can have operational efficiencies just by being large. For example, they can buy ...
- Idea: Economies of scale and scope | The Economist
Oct 20, 2008 ... Economies of scale Economies of scale are factors that cause the average cost of producing something to fall as the volume of its output ...
- economy of scale (economics) -- Britannica Online Encyclopedia
in economics, the relationship between the size of a plant or industry and the lowest possible cost of a product. When a factory increases output, a reduction in ...
- economy of scale: Definition from Answers.com
economy of scale n. , pl. , economies of scale . The decrease in unit cost of a product or service resulting from large-