The answer is:
In this case, Cecilia only decides to buy the necklace, knowing that the cost of diamonds depends only on the demand.
She will find a good price, because she knows the product availibility exceeds the demands, making the prices go low! when people start looking for this kind of diamond, the reverse will happen. The demands will exceed availability and prices will rise. Cecilia takes advantage of the fact that demand is low.
It is important to our environment to preserve non-renewable resources.
<span>Organizational culture is formed by the behavior of people in the organization.</span>
Answer:
Some examples of classical liberalism are freedom of speech, freedom of religion, and gender equality.
Explanation:
Classical liberalism focuses more on personal freedom. Therefore, the examples provided would go with this idea.
Answer:
b. unlimited wants and limited resources.
Explanation:
There are different definitions of economics. Some say it´s a science that studies the production, distribution and consumption of good and services. Another definition refers to the theories and models that govern the market process. But definitely, economics must strike a balance between a society´s wants - that may be unlimited - and the limited resources available.
