economy of scale


Also found in: Dictionary, Thesaurus, Medical, Financial, Wikipedia.
Related to economy of scale: Economy of scope

economy of scale

Economics a fall in average costs resulting from an increase in the scale of production
References in periodicals archive ?
Economy of Scale is always about the unit cost of something.
Gartner Dataquest analysts said optical networking is the key to scalable backbone networks because it provides operators with a technology that fits the requirements of a next-generation backbone network - that is, it offers the bit-wise economy of scale and price erosion that operators need.
The Company generates additional revenue and exercises an economy of scale strategy by including a comprehensive emerging technology service and support offering as a critical component of the overall business plan.