scale economy — cost 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
cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale
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As giant ships sail the seas, they tell the tale of scale economy's ease!
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🌳Etymology
Origin
Scale은 라틴어 scala(사다리, 계단)에서 유래하여 '크기, 규모'를 의미하게 되었고, Economy는 그리스어 oikonomia(가계 관리)에서 발전해 경제학 용어가 되었습니다.
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“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.”
“Small startups struggle to compete without scale economy advantages.”
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