1 economy of scale | Definition of economy of scale
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economy of scale

noun phrase

Definition of economy of scale

: a reduction in the cost of producing something (such as a car or a unit of electricity) brought about especially by increased size of production facilities —usually used in plural

First Known Use of economy of scale

1944, in the meaning defined above

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More from Merriam-Webster on economy of scale

Britannica.com: Encyclopedia article about economy of scale

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