Meaning of “economies of scale” in the English Dictionary

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"economies of scale" in Business English

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economies of scalenoun [ plural ]


the reduction of production costs that is a result of making and selling goods in large quantities, for example, the ability to buy large amounts of materials at reduced prices:

achieve/benefit from/create economies of scale Selling to a global market would enable us to achieve huge economies of scale.

(Definition of “economies of scale” from the Cambridge Business English Dictionary © Cambridge University Press)