Test your vocabulary with our 10-question quiz!
TAKE THE QUIZ“of scale”
The following 2 entries include the term of scale.
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
diseconomy of scale
: an increase in unit costs brought about especially by increased size of production facilities —usually used in plural compare economy of scale