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Why is the price of water low and the price of diamonds high?
Many factors determine price. In this case determining factors may be at least rarity and need. Every human needs water and 70% of our planet is covered with it. Diamonds are exceedingly rare, especially gem-quality diamonds, which represent only 20% of all diamonds mined. No human 'needs' a diamond.
What is the price of an M4?
A semi-automatic M4 derivative can cost as low as $800 from ImpactGuns. But for a civilian to acquire a fully automatic, military grade M4, be ready to spend up to $3000.
Where can I get a low price speaker system?
You can get a low price speaker system from www.amazon.com or www.ebay.com. These websites allow you to purchase brand new or slightly used products at a low price from these websites.
In a market economy a low price is a signal for?
low demand
What is floor price in share market?
A floor price is a group-imposed price limit on how low a price can be charged for a product.
Is a black diamond valuable?
Natural black diamonds are rare. They are due to dark graphite inclusions. Their rarity makes them valuable. Most black diamonds are synthetic and made by heat treating low quality diamonds. The price of a synthetic black diamond is lower than that of white diamonds.
Are black diamonds expensive?
Black diamonds that are available in the market are usually low grade white diamonds that have been colored black, however, natural black diamonds can be expensive depending on the quality.
Why is the price of water low and the price of diamonds high?
Many factors determine price. In this case determining factors may be at least rarity and need. Every human needs water and 70% of our planet is covered with it. Diamonds are exceedingly rare, especially gem-quality diamonds, which represent only 20% of all diamonds mined. No human 'needs' a diamond.
Why water which is essential for life has a low price compared with diamond which is not?
Diamonds are a commodity that people usually buy as a luxury. Water is vastly more abundant than diamond, and so its price can be low.
What is more rare Yellow or Black Diamonds?
Yellow diamonds, also known as canary diamonds come in all shapes, sizes and colors with the intense yellow and vivid yellow being the most expensive colors. They are quite rare and just as expensive and usually have a very high grade issued by GIA. Black diamonds that are available in the market are usually low grade white diamonds that have been colored black, however, natural black diamonds can be expensive depending on the quality.
How many carat is the low quality of diamond?
'Low quality' diamonds are industrial diamonds, which make up about 80% of all diamonds mined. 'Low quality' diamonds used in jewelery could be cloudy with visible inclusions or could be poorly cut.
What type of diamond is not rare?
Industrial diamonds represent 80% of all diamonds mined and are common enough to be available by the pounds full of bags at a low price, if you agree to purchase a fixed number of pounds per month.
What is a low quality diamond called?
A low quality diamond is often referred to as an industrial-grade diamond or a diamond with industrial use, sometimes known as bort. These diamonds are not used for jewelry due to their lower clarity and color grades.
What are low quality diamonds called?
Low quality diamonds are often called industrial diamonds. These diamonds are not suitable for use in jewelry due to their poor clarity and color, but they are valued for their hardness and used in various industrial applications such as cutting, drilling, and grinding.
What is the value of 1893 dime?
The 1893 Barber dime in average circulated condition (low grade) has a retail price of $7.00-$12.00 better grade are $17.00-$26.00 and higher grades can be $40.00-$125.00
Is gastroenteritis low grade or high grade fever?
high grade
What is paradox of value?
although water is on the whole more useful, in terms of survival, than diamonds, diamonds command a higher price in the market.
