1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
I am Lyosha [343]
3 years ago
6

a large new diamond mine has just opened and the price of diamonds has gone down. since she has studied economics, cecilia decid

es to buy a diamond necklace since she knows that
Social Studies
2 answers:
Butoxors [25]3 years ago
8 0
The cost of diamonds depends only on the demand. :)
Vinvika [58]3 years ago
7 0

Answer:

If the supply increases the price decreases.

Explanation:

<u>If the supply of diamonds increases the price decreases. </u>In fact, one of the reasons why diamonds are very expensive is because it is a scarce commodity in the world and also its extraction and production process has a high cost.

Cecilia can afford to acquire the diamond necklace by the opening of the new mine since the price has decreased and she knows that being a non-renewable resource, when the mine runs out the price of diamonds will rise again and she could sell her necklace and get a profit.

You might be interested in
What two crimes did vanzetti maintain that he did not commit?
Paladinen [302]
Slaughtering and taking from guiltless individuals, killers. The allegation did Vanzetti make against the arraigning lawyer, Mr. Katzmaan is that he trusted he was likewise similarly situated, supporting the preference legal hearer. Vanzetti had languished over his blame for every one of the violations he had conferred.
5 0
3 years ago
In which two states are the Cascade Range?<br><br> California<br> Washington<br> Oregon<br> Idaho
Angelina_Jolie [31]
The Cascade Range or Cascades is a major mountain range of western North America, extending from southern British Columbia through Washington and Oregon to Northern California.
7 0
3 years ago
Richard was extremely upset and angry after his breakup with his girlfriend. In a fit of anger, he threw away the watch she gift
fgiga [73]

Answer: Abandoned property

Explanation:

The watch is considered abandoned property because the owner (Richard) has given up the rights to it.

6 0
3 years ago
Which aspect of California was wanted by many Americans in the mid-1800's?
Alex777 [14]
I am pretty sure it is A or C.
6 0
3 years ago
Read 2 more answers
The economy is experiencing inflation and the unemployment rate has dropped from 4.2% to 2.4%. If the government wanted to influ
Stolb23 [73]

Since inflation is on the high and the unemployment rates are not that worrying, Austerity would be some options of fiscal policy to increase the revenue while lowering the inflation and cut expenses, even though it increases the unemployment rates. Austerity measures can be risky for the economy, because little spendings on some sectors can throw the economy out of balance.

3 0
3 years ago
Other questions:
  • How did the ocean affect people in the New England 
    5·1 answer
  • Most sociologists believe that gender differences in behavior between men and women are, for the most part
    5·1 answer
  • How do the federal appellate courts and the United States Supreme Court alike?
    9·1 answer
  • Why do you think agricultural experts urged Georgia’s farmers to diversify their crops?
    12·1 answer
  • A frame is:
    10·1 answer
  • If you collect the central behaviors for a category and assess how frequently people perform thosebehaviors you would be using t
    5·1 answer
  • DIFFERENCE BETWEEN U.S. AND FL CONSTITUTION1!
    6·1 answer
  • Eleven-year-old Leah has developed a sense of competence at a number of useful skills and tasks. She has a positive but realisti
    7·1 answer
  • A committee has been formed to study the feasibility of starting a wellness program. The members have just gone through some rou
    6·1 answer
  • A fee paid for using someone else's money is called A. tax B. balance C. interest D. principal Please select the best answer fro
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!