• a b
  • Log In
  • Home
  • Vocabulary
  • Writing
  • Mobile apps
  • Help
  • ©2017 EdictFree.
    All Rights Reserved.
Vocabulary
  • Topic
Help
  • Contact Us
  • Privacy policy
Mobile apps
  • Android
  • Ios
Bright
  • Home
  • Vocabulary
    • Topic
  • Writing

Free Online Dictionary

The home of living English, with more than 820,000 words, meanings and phrases
All Properties select
District 1 District 2 District 7 More

Longman Dictionary English

From Longman Dictionary of Contemporary Englisheconomies of scaleeconomies of scaletechnicalTIBBT the financial advantages of producing something in very large quantities → economy
Examples from the Corpus
economies of scale• Analogously, large loans attract a lower interest rate than small loans because of the administrative economies of scale.• World trade, then, allows what economists call economies of scale.• Each has been trying to outbid the rest in an attempt to gain market share and so exploit economies of scale.• However, just to confuse matters, economies of scale plus economies of scope do not imply subadditivity.• There are a number of qualifications to this prediction, apart from the possibility of economies of scale discussed above.• Yet it is clear that transport costs can have important consequences in the presence of economies of scale.• The benefits of reaping economies of scale depend upon how far costs fall as output levels are increased.• This is not to say that mass markets have disintegrated or that economies of scale are irrelevant to competitive performance.
ldoceonline.com
Word of day

May 08, 2025

paintbrush
noun ˈpeɪntbrʌʃ
Ad
Mobile apps

Browse our dictionary apps today and ensure you are never again lost for words.

Follow
  • Facebook
  • Twitter
Find Out More
  • Contact us
  • Privacy policy
Copyright EdictFree.Com All Rights Reserved.
Design by EdictFree
Copyright EdictFree.Com All Rights Reserved.
Design by EdictFree