________ refers to reductions in a firm's costs that result from an increase in the size of an industry

If you invest in a foreign company by buying 8 percent of its shares of stock, you have engaged in

A) moral hazard. B) foreign direct investment. C) portfolio investment. D) adverse selection.

A marginal external cost is the cost of producing an additional unit of a good that falls on the producer

Indicate whether the statement is true or false