economies of scale ( synonym found)

Definition of economies of scale:

°(economics plurale tantum) The characteristics of a production process in which an increase in the scale of the firm causes a decrease in the long run average cost of each unit.

Definition of economies of scale:

°(economics plurale tantum) The characteristics of a production process in which an increase in the scale of the firm causes a decrease in the long run average cost of each unit.

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