The High Price of Diamonds Relative to the Price of Water

question 13

Multiple Choice

The high price of diamonds relative to the price of water is due to the fact that

• A) total benefits from water are relatively low.
• B) total benefits from diamonds are relatively high.
• C) marginal benefits from water are relatively high.
• D) marginal benefits from diamonds are relatively high.
• E) none of the above is true.

---

Definitions:

Subculture of Violence

A theory suggesting that violence is a learned form of behavior or expression, prevalent within certain social groups or communities, often as a norm or a response to perceived threats or disrespect.

Rurality

pertains to the characteristics, lifestyle, and culture of rural areas, which are typically less populated and more agriculturally oriented than urban areas.

Population Heterogeneity

The presence of diverse and varied characteristics within a population group.

Homicide-Suicide

A rephrased definition for Murder-Suicide; an occurrence where a person kills one or several individuals before committing suicide.