• 2021-04-14
    Diamonds have little _____ value and their price depends almost entirely on their scarcit
  • intrinsic

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    • 0

      But what they really _______ the official statistics is that they are based almost entirely on the state economy.

    • 1

      In a commodity economy, the relationship among value, price, supply and demand is ( ) A: Prices are influenced by supply and demand and fluctuate around value B: Price is determined by value, reflecting value but not supply and demand C: Price is affected by value and changes with supply and demand D: Price is determined by value, reflecting value and supply and demand E: Price is determined by value, and affected by supply and demand. It also restricts supply and demand

    • 2

      Why don’t De Beers produce more diamonds A: They are not able to produce faster. B: They want to keep price down. C: They made diamonds scarce to keep them desirabl

    • 3

      The initial offer price for the target firm is defined as A: The minimum price B: The present value of the minimum price plus some fraction of the present value of net synergy C: The present value of net synergy plus the current market value of the target firm D: The maximum price less the minimum price E: The maximum price less the present value of net synergy

    • 4

      The demand for goods depends totally on the price of demanded goods.