economy of scale

noun phrase

: a reduction in the cost of producing something (such as a car or a unit of electricity) brought about especially by increased size of production facilities
usually used in plural

Examples of economy of scale in a Sentence

Recent Examples on the Web The advantage of the superhot peppers is economy of scale. Stephanie Pappas, Scientific American, 26 Oct. 2023 In Oregon, where sales began in 2015, large growers have achieved some economy of scale that could give them a leg up in a broader market. Gene Johnson, Fortune, 19 Apr. 2023 In Oregon, where sales began in 2015, large growers have achieved some economy of scale that could give them a leg up in a broader market — but in the meantime, the state’s oversupply is considered the nation’s worst. Gene Johnson, Andrew Selsky, Anchorage Daily News, 20 Apr. 2023 Although some cutting to order is done in a grocery meat department, economy of scale is achieved by selling only the most popular cuts of meat mostly raised for the commodity market. Alison Arnett, BostonGlobe.com, 30 May 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'economy of scale.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1944, in the meaning defined above

Time Traveler
The first known use of economy of scale was in 1944

Dictionary Entries Near economy of scale

Cite this Entry

“Economy of scale.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/economy%20of%20scale. Accessed 28 Feb. 2024.

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