economy of scale


Also found in: Dictionary, Thesaurus, 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 ?
and we can compute the economy of scale parameter, which is analogous to the [[phi].sub.f] and [[phi].sub.h] terms in the Batten model depending on the budget share being used.
Economy of Scale is always about the unit cost of something.
But if IP starts selling well into the storage space, its usual economy of scale will kick in.
"These two segments will play an important role in optical networking, as this technology will be used for providing operators with the bit-wise economy of scale that they need."
By differentiating among three types of economy of scale, local governments may be able to facilitate achieving the seemingly contradictory goals held by business and residential communities.