Social Studies, 25.06.2019 04:30 johnlecona210

Alarge, new diamond mine has just opened, and the price of diamonds has gone down. since she has studied economics, cecilia decides to buy a diamond necklace since she knows that diamonds are in great demand. diamonds are a nonrenewable resource, making them scarce. the cost of diamonds depends only on the demand. the purchase of diamonds will satisfy wants and needs.

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