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economies of scale

   Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
economies of scale
reduced cost of production per unit as the number of units produced increases.


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The topics, organized alphabetically, include: accounting and bookkeeping, chambers of commerce, copyright, cost of living, economies of scale, franchise inflation, inventory, market research, minimum wage, mortgage, outsourcing, patent, recession, small business, stocks and bonds, unemployment, and venture capital.
This would encourage setting up of mega power plants to take advantage of economies of scale and improve their viability.
By simplifying input and output features on mobile devices, economies of scale will reduce consumers' costs," said CTIA president Steve Largent.
 
 
 
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