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scale economycost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale

Part of speech: NOUN

Definition: cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale

Pronunciation (IPA): /skeɪl ɪˈkɑːnəmi/

Korean meaning: 규모의 경제, 생산 규모가 커질수록 단위당 비용이 감소하는 경제적 효과

Korean pronunciation: 스케일 이**커**너미

Example Sentences

  • Netflix enjoys scale economy by spreading content costs across millions of subscribers.
  • The pizza chain's scale economy allows them to buy cheese cheaper than your mom's grocery budget.
  • Amazon's scale economy is so powerful that they can deliver packages faster than I can find my keys.

scale economy

NOUN

//skeɪl ɪˈkɑːnəmi//

cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale

scale economy concept
💡 Concept

cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale

scale economy rhyme
🎵 Rhyme

As giant ships sail the seas, they tell the tale of scale economy's ease!

🎤Pronunciation

🇺🇸 US/skeɪl ɪˈkɑːnəmi/
🇬🇧 UK/skeɪl ɪˈkɒnəmi/

🌳Etymology

Origin

Scale은 라틴어 scala(사다리, 계단)에서 유래하여 '크기, 규모'를 의미하게 되었고, Economy는 그리스어 oikonomia(가계 관리)에서 발전해 경제학 용어가 되었습니다.

🎵Rhyme

paletalesailnail
pale
tale
sail
nail

🔗Collocations

achieve scale economy
scale economy benefits
lack of scale economy
scale economy effect
exploit scale economy
scale economy advantage

📝Examples

Netflix enjoys scale economy by spreading content costs across millions of subscribers.

😄 Fun example

The pizza chain's scale economy allows them to buy cheese cheaper than your mom's grocery budget.

😄 Fun example

Amazon's scale economy is so powerful that they can deliver packages faster than I can find my keys.

Small startups struggle to compete without scale economy advantages.

📚Related Words

Synonyms

economies of scalebulk advantagemass production benefitvolume discountproduction efficiency

Antonyms

diseconomies of scaleinefficiencysmall-scale loss

Related

mass productioncost reductionefficiencybulk purchasemanufacturing

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