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Semenov [28]
2 years ago
14

Cecilia has studied economics and knows about the value and investment potential of diamonds. the price of diamonds has recently

decreased, and a new diamond mine has opened nearby. cecilia decides to buy a diamond necklace while the prices are lower. how did cecilia’s knowledge of economics help her make a savvy commodity purchase?
Business
2 answers:
Talja [164]2 years ago
5 0

Cecilia's economics expertise helped her make a wise commodities purchase because she recognized that buying diamonds would satisfy her desires and needs.

<h3>What prompted Cecilia to purchase the diamonds?</h3>

When the cost of diamonds falls, so does the cost of creating a diamond necklace, and so does the price of a diamond necklace.

In addition, the supply of diamonds would grow as a result of the new diamond mine's opening. Making a diamond necklace would be expensive as a result of this.

Thus, diamonds would satisfy her desires and needs.

For further details about prompted Cecilia to purchase the diamonds, click here:

brainly.com/question/26731909

#SPJ1

yarga [219]2 years ago
5 0

Answer:

D) She knew that the purchase of diamonds will satisfy wants and needs

Explanation:

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Explanation:

Data provided in the question:

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8 0
3 years ago
George recently purchased a computer from HardDigits Inc., a firm that sells assembled desktop computers and other electronic pr
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2 years ago
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Explanation:

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7 0
3 years ago
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3 0
2 years ago
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