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At a first glance, this seems really weird since:
- oxygen is essential for human survival
- diamond is not essential for human survival
...and therefore, oxygen should be expensive whereas diamond not.
However, looking at the scarcity we realize that there are a lot more oxygen than there are diamonds.
Therefore, since oxygen is abundant (while not infinite), it is cheap (unit price). and since diamond is extremely scarce, it is expensive.
What else can I help you with?
How expensive is a diamond?
Your answer depends on the quality of diamond you want to buy. Visit a local jeweler who can show you diamonds in your price range.
Where is the cheapest cost of living in Wyoming?
All of wyoming has cheap cost of living. Living in a rural area can be expensive as you have to travel for everything and what is available has a higher price because of transportation costs. There is no state tax. Jackson Hole is the most expensive I believe.
What is good value pricing?
Value is a relative price point when compared versus premium (expensive) and economy (cheap), the key question to answer is "this is good value compared to what?", and subsequently "why is this better value?"
If De Beers can price discriminate perfectly to which customers will sell diamond and at what price?
Any diamond, reagardless of the seller, is worth the price that any buyer will pay for it.
Why are uncut diamonds so cheap?
Not all uncut diamonds are 'cheap'. Although 80% of all diamonds mined are industrial diamonds, which you can purchase by the multi-pound bag full for not a lot of money, gem-quality diamonds are relatively expensive even before they are cut. You can review the site, below, to price a sampling of uncut, gem-quality diamonds. Be aware, however, that cutting a raw stone can reduce its carat weight by about 60%. Once cut, the diamond is priced according to its cut, carat weight, clarity and colour.
Why does oxygen have a cheap price and diamond is expensive?
The simple answer is availability. Oxygen is ubiquitous, found everywhere on earth. Diamonds are rare, hard to find, difficult and expensive to mine, then to plan, cut, polish, transport and display.
How can a person tell the difference between a cheap and expensive dress?
The main way to tell the difference between a cheap and an expensive dress is the price. The type of material and brand can also be an indication of cheap or expensive.
Are electric winches expensive or cheap?
Electric winches can be expensive and cheap. Depending on the size, model, and where you get it from. I suggest browsing your local DYI stores and try to find the best price.
How expensive is a diamond?
Your answer depends on the quality of diamond you want to buy. Visit a local jeweler who can show you diamonds in your price range.
How expensive is diamond?
Your answer depends on the quality of diamond you want to buy. Visit a local jeweler who can show you diamonds in your price range.
What are the diamond cuts from most expensive to least expensive?
A diamond is valued by its cut, clarity, carat weight and colour. A local jeweler can show you stones in various price ranges.
Are diamonds expensive in Australia?
'Expensive' is a judgment, a relative one at that. Every diamond is priced according to its colour, cut, carat weight and clarity. Relatively, diamonds are 'expensive' in any country if the diamond's price is high.
What is the difference between cheap and expensive spectacles?
The different between cheap and expensive spectacles is usually the design of the lens surface. Brand names also play a major role in the price of the spectacles.
What are some antoyms for expensive?
Inexpensive; cheap; cut-price; sale; low-budget; affordable.
AreThe price of gas has grown to become too expensive?
no because it cant be proven and it is cheap
How much is it to fly from Portland to Paris?
it depends on when you buy your ticket. if you buy it early, you will get a cheap price if you buy it late you will get an expensive price
Can a car dealer change a price on a car?
Unless a car company clearly states that their car is a certain price at ALL dealerships, a dealer can make a car as expensive or cheap as he wants. A dealer will set a price so it is not so cheap as to cause loss of profit, but not so expensive that it wont sell.
