Definition of Economy of scale
1. Noun. The saving in cost of production that is due to mass production.
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Lexicographical Neighbors of Economy Of Scale
Literary usage of Economy of scale
Below you will find example usage of this term as found in modern and/or classical literature:
1. Nuclear Production of Hydrogen: First Information Exchange Meeting, Paris by OECD Nuclear Energy Agency (2001)
"The architecture will employ dual energy carriers (electricity and hydrogen), which avoids reliance on economy of scale, makes suitable for modularization, ..."
2. Wheat Policy Reform in Egypt: Adjustment of Local Markets and Options for by Mylène Kherallah (2001)
"... —0.1471 —4.046 0.000 —0.0968 —1.695 0.090 —0.1491 —2.922 0.003 Number of observations 939 R2 0.9837 RMSE 0.1504 economy of scale 0.0391 104 0.9881 0. ..."
3. Proceedings of the American Gas Institute by American Gas Institute (1914)
"Unfortunately it is difficult to obtain reliable data on the effect on boiler economy of scale of different densities and thicknesses. ..."