economy of scale

A form of economies of scale — The characteristics of a production process in which an increase in the scale of the firm causes a decrease in the long run average cost of each unit.

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Meanings

nouneconomy of scale (plural economies of scale)

plural economies of scale

  1. singularsingular of economies of scale
Cite this entry
APA

economy of scale. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/economy%20of%20scale

MLA

“economy of scale.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/economy%20of%20scale. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “economy of scale,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/economy%20of%20scale.

Source: economy of scale on Wiktionary, CC BY-SA 4.0.