Economies Of Size

Business / Agriculture / Economies Of Size: The concept that the average cost of production per unit declines as the size of the operation grows. One reason farms have been growing in size is to make more economical use of machines capable of covering more ground with less labor, to capture economies of size. Larger sized farms can typically get volume discounts on such inputs as chemicals and seed.
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Other Words for Size

Size Noun Synonyms: magnitude, largeness, bigness, bulk, extent, scope, range, dimensions, proportions, measurement(s), expanse, area, square footage, volume, mass, weight, hugeness, immensity, greatness, vastness, enormousness
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Playoff Beard

Entertainment / Ice Hockey / Playoff Beard: A playoff beard is the superstitious practice of a national hockey league (nhl) player not shaving his beard during the stanley cup playoffs. MORE

Plaster Of Paris

Life Style / Painting / Plaster Of Paris: A quick setting, pure white powder, used to set bathroom wall fixtures such as towel racks or used by craft groups for pouring molds and making plaster objects. MORE

Plant Variety Protection Act Of 1970

Business / Agriculture / Plant Variety Protection Act Of 1970: P.L. 91-577 (December 24, 1970) was enacted to provide patent-like protection for new non-hybrid seed varieties. The ultimate goal was to create an incentive for public and private research on new com MORE