English term
of scale
| 4 +2 | economies of scale |
Nesrin
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Non-PRO (1): Cilian O'Tuama
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Responses
economies of scale
http://en.wikipedia.org/wiki/Economies_of_scale
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Note added at 8 mins (2010-10-19 11:18:06 GMT)
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More concise definition: An economy of scale is to produce something in greater volume so to be more economical with cost and profit.
www.qa02.com/biz/what-is-an-economy-of-scale.html
| agree |
jccantrell
: Yep, it costs $9 to set up, $1 to make the widget. First one costs $10 to make, but to make 10 widgets costs only $19. Scale up as appropriate.
3 hrs
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| agree |
Phong Le
15 hrs
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Discussion