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Cost-effective (Adjective)

Meaning

Productive relative to the cost.

Classification

All adjective clusters.

Examples

  • The new streamlined manufacturing process proved to be a cost-effective solution for mass-producing the new smartphone model.
  • The company invested in cost-effective solar panels to power their office building and greatly reduced their energy expenditure.
  • Shopping at warehouse stores can be a cost-effective way to buy household essentials in bulk.
  • Implementing a digital documentation system has been a cost-effective alternative to paper files for the growing business.
  • Choosing a fuel-efficient car was a cost-effective decision for the family as it reduced their fuel expenses significantly.

Synonyms

  • Cost-efficient
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