Preferred Term:
economies of scale
Definition:
The increase in production efficiency as the number of goods being produced increases and production costs per unit decreases; may also apply to distribution of a service or in marketing.
Concept Schemes:
NALT Core
NALT Full
NALT Full
Broader Concept:
Entry Terms:
- scale economies
- increasing returns to scale
URI:
https://lod.nal.usda.gov/nalt/35756
Download this Concept:
RDF/XMLCreated 2006-01-19, last modified 2014-02-18