Definition of Diseconomy
Diseconomy
dis·e·con·o·my
Definition/Meaning
(noun)
A situation or system that wastes resources or is inefficient.
e.g. The company's diseconomy of scale led to financial losses.
(noun)
(economics) some factor that poses an economic disadvantage and causes costs to increase for an enterprise;
e.g. Sometimes, buying small quantities of supplies can be a diseconomy that costs more in the long run.
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