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Definitions from the WebEconomies of SizeNoun (Economics) Definition: The decrease in average cost per unit as the scale of production increases. Example sentence: The company was able to achieve significant economies of size by expanding their production capacity, leading to a reduction in production costs. Related Products on Amazon: | ||||
economics department economics of economics profession economics value economics values economidcs economies economies of scale economies of size economis economise economiser economist economist s economists economium economix
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