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Economy of scale
/ɪkˈɒnəmi ɒv skˈeɪl/
/ɪkˈɑːnəmi ʌv skˈeɪl/
Noun (1)
Definition & Meaning of "economy of scale"
Economy of scale
NOUN
01
the cost advantages that enterprises obtain due to size, output, or scale of operation
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