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.
Terrestrial plants and animals can be characterized by analogous pathways for water gain and loss.
St. John's Water Dog (Extinct)
Water Gradient
A hole in the muffler allows condensed water to escape.
Maple syrup is produced by evaporating most of the water from sap collected from maple trees in
Water strider (Gerris remigis) on water surface, showing surface tension.