Q.

The price of diamonds is higher than the price of wheat because

A. Diamonds are much heavier than wheat
B. Diamonds are more useful than wheat
C. The total stock of diamonds is more useful than the total stock of wheat
D. Diamonds cannot be grown whereas wheat can be grown
E. Enough people have a higher subjective value of diamonds relative to wheat
Answer» E. Enough people have a higher subjective value of diamonds relative to wheat
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