Water is cheap and diamonds are expensive because water has a ________, and diamonds have a ________.
A) low total utility; high total utility
B) low marginal utility; high marginal utility
C) high marginal utility; low marginal utility
D) low marginal utility and a low total utility; high marginal utility and a high total utility
Question 2
If perfectly competitive firms exit a market, the
A) market supply curve shifts leftward.
B) price of the good or service falls.
C) profits of the remaining firms decrease.
D) output of the industry increases.
From space earth shows itself as a planet covered mostly by water.
Polarity of Water
Water, Hydrogen, Methane
Water shortages, reduced agricultural capacity & coastal inundation are common themes
Introduction of Water to Mantle Rock
Water and Body Fluids