Cost Reduction Trend
(Redirected from Price Reduction Pattern)
Jump to navigation
Jump to search
A Cost Reduction Trend is an economic trend that demonstrates decreasing expense patterns over time periods.
- AKA: Cost Decline Trend, Price Reduction Pattern, Cost Optimization Trend.
- Context:
- It can typically reflect Economy of Scale through volume increase.
- It can typically indicate Process Improvement via efficiency gains.
- It can typically demonstrate Technology Maturation through learning curve effects.
- It can often result from Competition Intensification via market pressure.
- It can often emerge from Innovation Adoption through new method implementation.
- It can often enable Market Expansion via affordability improvement.
- It can range from being a Gradual Reduction Trend to being a Steep Reduction Trend, depending on its decline rate.
- It can range from being a Sector-Specific Trend to being an Economy-Wide Trend, depending on its scope.
- It can range from being a Short-Term Trend to being a Long-Term Trend, depending on its duration.
- It can range from being a Predictable Trend to being a Volatile Trend, depending on its stability.
- ...
- Examples:
- Technology Cost Reduction Trends, such as:
- Manufacturing Cost Reduction Trends, such as:
- Service Cost Reduction Trends, such as:
- ...
- Counter-Examples:
- Cost Increase Trend, which shows rising expense patterns.
- Cost Stability Pattern, which maintains price equilibrium.
- Price Volatility Pattern, which shows unpredictable fluctuations.
- See: Economic Trend, Moore's Law, Wright's Law, Learning Curve, Economy of Scale, Autonomous Vehicle Hardware Cost Reduction Trend, Technology Adoption Curve.