decreasing cost

noun

Definition of decreasing cost

: a decline in the cost per unit or on the average following a rise in the scale of production an industry showing decreasing costs

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Learn More About decreasing cost

Dictionary Entries Near decreasing cost

decrease

decreasing cost

decreasing function

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Cite this Entry

“Decreasing cost.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/decreasing%20cost. Accessed 17 Aug. 2022.

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