Phrases with «economy of scale»

The phrase "economy of scale" refers to the concept of producing more goods or services at a lower cost per unit. When businesses increase their production volume, they can benefit from economies of scale. This means that the average cost of producing each unit decreases, which can lead to higher profits or lower prices for consumers. Full definition

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Sentences with «economy of scale»

  • In other words, it allows companies to take advantage of economies of scale in clean up investments and pass them along to others that might not qualify on their own. (sciencenews.org)
  • Additionally, larger REITs benefit from economies of scale as corporate expenses can be spread over a larger asset base. (nreionline.com)
  • Typically, a geothermal project can not produce electricity economically at a scale less than 5 MW and there is a very large economy of scale for projects above 30 MW in size. (altarockenergy.com)
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