Examlex
Which of the following does NOT describe a function of money?
Diseconomies of Scale
The phenomenon where production costs per unit increase as a firm or production process scales up, contrary to economies of scale where costs decrease.
Boeing
An American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide.
Law of Diminishing Returns
An economic principle stating that adding more of one factor of production, while holding others constant, will at some point yield lower per-unit returns.
Fixed Factor
An input in the production process that cannot be changed in the short term, such as premises or machinery.
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