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Please read the following: https://www.businessinsider.com/heres-why-diamonds-are-so-expensive-2015-9(Links to an external site.) 1) What is an oligopoly? 2) Do you think an oligopoly is inevitable in the diamond

Please read the following: https://www.businessinsider.com/heres-why-diamonds-are-so-expensive-2015-9(Links to an external site.)

1) What is an oligopoly?

2) Do you think an oligopoly is inevitable in the diamond industry?

3) What components are needed to ensure that price will remain unchanged?

4) Are diamonds forever?

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