Which of the following best describes a tradeoff?
a. An office executive enrolling into a management course to develop her skills.
b. An investor buying stocks of a start-up company.
c. A businessman investing a portion of company's profit in research and development.
d. A college student sacrificing a few hours of study time to work at the town cafeteria.
e. A worker purchasing a new car with her bonus earnings.
Question 2
Both monopolistically and perfectly competitive firms earn only normal profits in the long run.
a. True
b. False
Indicate whether the statement is true or false
Medical assistants perform many functions in a physician's office or a clinic.
Harvey Milk was the first openly gay candidate to be elected to office in California.
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A medical office requires teamwork.
A medical assistant assists with minor surgery performed in the medical office.
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