Manufactured diamonds have become a big and virtually indistinguishable from the best natural diamonds. suppose consumers change from believing that manufactured diamonds, q1, were imperfect substitutes for natural diamonds, q2, to perfect substitutes, so that their utility function becomes u(q1,q2)=q1+q2. what effect will that have on the demand for manufactured diamonds? derive the new demand curve for manufactured diamonds and draw it.

After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.

Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form

Determine allison's december 31, 2018, investment in mathias balance.