The way we know what commodities are relatively scarce or abundant is through

A risk averse person's utility of wealth curve has a

A) positive slope and becomes steeper to the right. B) positive slope and becomes flatter to the right. C) negative slope and becomes steeper to the right. D) negative slope and becomes flatter to the right.

The preceding table gives monthly production information for Peter's Peanuts, a firm in a perfectly competitive industry. The market price of peanuts is $2.00 per pound

If a worker costs $800 per month, how many workers will Peter employ to maximize profit? A) zero B) one C) two D) four