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economy of scale

/ɪˈkɒnəmi əv skeɪl/

1 entry

phrase

/ɪˈkɒnəmi əv skeɪl/C1formalbusiness
  • ruПреимущество в затратах, которое предприятия получают, когда производство становится эффективным, поскольку затраты можно распределить на большее количество товаров, снижая стоимость единицы продукции.

A cost advantage that enterprises achieve when production becomes efficient, as costs can be spread over a larger number of goods, reducing the cost per unit.

  1. Cost advantage from large-scale productionB2formal

    A reduction in the average cost per unit of output as the scale of production increases, due to factors like specialization, bulk purchasing, and more efficient use of resources.

    ruЭффект масштаба

    • The company achieved significant economies of scale by building a larger factory.
    • Bulk buying of raw materials is a classic example of an economy of scale.
    • As production doubled, the cost per unit fell, demonstrating an economy of scale.